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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: LTBH who wrote (9921)	10/19/2005 1:31:39 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 11633

And please forgive this post as I truly do not wish to get drawn into a debate whose outcome will solve nothing and will only serve to increase a blood pressure that already is medicated. Mine too :O) If I had my druthers they would just leave well enough alone... the first warning shot was a few years ago now with Provident... theglobeandmail.com I actually sold all my trusts quite a while back (a large diversified assortment) but bought back a huge (for me ) piece of the Viking PP in the 5's when the dust settled and it seemed unlikely for a while that the government would act. Later I added AY that merged with SPN along with some minor holdings. I missed a lot of cap gains by doing so (I had COS.UN so cheap I cry now) but that last rumbling scared me... My trust holdings are not insignificant but way below the peak in 2003. One of my vents was (without dragging up too much wretched politics) in relation to the estimated and alleged 300 million trust related revenue shortfall for the federal coffers. That juxtaposed against an estimated 2 billion in ineffectual gun registry costs, 750 million purchase of used (useless) British submarines requiring 2 billion in upgrading and maintenance... and hell let's throw in the the 4.2 billion they spent buying the NDP loyalty in the last election... so you see I really do sympathise... My point was less about rightness or wrongness but to give a comparable example... Paramount trust was a market darling when it hit the markets from the first POU conversion. Then after a while the AEUB struck and shut in a whack of their NG production in favour of oil sands. The risk was clearly spelled out right there in the prospectus on Sedar in black in white... but all seemed surprised that it could happen... At any rate yes it sucks big time and I'm not a happy camper either. Still cuddly sometimes but I'll likely need to change my moniker when the Liberals take the likely soon to be called federal election.. regards Kastel