Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (803)	9/24/2005 2:34:41 AM
From: elmatador	Read Replies (1) \| Respond to of 217541

TJ, if money is not going into tried and proved refineries to refine existing oil production, do you think it is going to go into the oil sands facilities?

To: TobagoJack who wrote (803)	9/24/2005 3:05:14 AM
From: Taikun	Read Replies (1) \| Respond to of 217541

I wonder if starting a lobby group might work? Perhaps we could get the trusts (as they now have much to lose) to fund it, run some ads, quote some research, and most of all do it from the voters' point of view. I am sure the trusts have their lobby plan (there is an assn) but they cannot vote so less powerful than individuals.

To: TobagoJack who wrote (803)	9/24/2005 3:23:30 AM
From: energyplay	Respond to of 217541

Consider the US based trusts like SJT, CRT, HGT. No Canadian problems, and they should be close enough to the GOM area to benefit from the sky high US NG prices. One outcome for Canada is they will realize they are making tons of money off of US super high prices for oil and gas, while attracting capital from Europe and Asia for oil sands projects. The Canadian Government's best course of action is to shut up, let their oil companies make as much as they can while prices are high, then selctively tax a year or so from now. The money will reach the tax collectors anyway.

To: TobagoJack who wrote (803)	9/24/2005 3:13:50 PM
From: Slagle	Read Replies (2) \| Respond to of 217541

TobagoJack Re: "Canadian Royalty Trusts" I was first made aware of these things several years ago by an Edward Jones broker. Jones is mainly a small town broker, with lots of elderly and widows and orphans income oriented type accounts. I think that Jones actually has the most individual offices of all the brokers, mainly in the suburbs and in small towns. They are very expenisve commission wise and their recommendations are as useless and dangersous as any. But they used to be pretty good on bonds and fixed income. And I am sure that what they were trying to do with the CRT's was to find some income investment as there was nothing worthwhile in USA bonds or other securities. Anyway what the broker was recommending were the US listed CRT's but they were able to buy the Canadian listed ones also. I bought I think PGH and later a non-US listed one. When I bought that one the broker made me sign a release. <g> Jones never put out a recommendation on these trusts but I know the idea must have come from headquarters because a different Jones broker made the same proposition to a cousin of mine. Now Jones is notorious for never being any help at all when an investment goes south, but on something like this it could be that St. Louis could advise all the brokers to get out of the CRT's, leading to a thundering herd. Later on I bought a whole bunch more, Labador Iron Ore, TimberWest, Great Lakes Carbon along with the energy ones like Zargon, COS and ES ect. At one time I hade a UTE that was set up as a trust. If you don't think that this could get ugly just look at the chart of HTE. But then the US trusts are so pricey. I think it is likely that they all will come down a notch or two. Slagle