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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: whitepine who wrote (52736)	11/1/2005 8:07:03 AM
From: CommanderCricket	Respond to of 206197

wp, Thanks for posting. arghhhhh Michael

To: whitepine who wrote (52736)	11/1/2005 8:54:12 AM
From: XoFruitCake	Respond to of 206197

WP, thanks for the post. I was going to get some EPEX and PGH today.. look like PGH is a no go for now. Anyone own CRT? How is this compare to other US based trust?

To: whitepine who wrote (52736)	11/1/2005 9:22:58 AM
From: chowder	Read Replies (1) \| Respond to of 206197

I don't follow the fundamentals. However, I have been holding some of these energy trusts in family members accounts. I will follow your fundamental analysis on this and let them go. Thanks for the analysis. dabum

To: whitepine who wrote (52736)	11/1/2005 9:43:32 AM
From: stan_hughes	Respond to of 206197

WP -- The Chairman of Precision Drilling doesn't set Canadian tax policy. But I don't blame you for doing what you will with your investments in your best interest

To: whitepine who wrote (52736)	11/1/2005 10:13:51 AM
From: Eva	Read Replies (2) \| Respond to of 206197

<Hank Swartout, Precision Drilling chairman, president and chief executive officer, said U.S. investors holding Canadian trusts face a far lower tax bill than Canadian investors. "U.S. shareholders win big-time with the trusts. A 15-per-cent [with]holding tax, I mean we're paying 40 per cent as a person, why should they have 15 per cent?" Mr. Swartout told reporters after a 10-minute meeting to approve the Precision conversion. > As a canadian taxpayer, I am jealous ! Americans always fall on the butterside??

To: whitepine who wrote (52736)	11/1/2005 10:20:01 AM
From: Richard Saunders	Respond to of 206197

whitepine - sorry to hear of your pain. Almost feels similar to being hit by a 2" x 4" piece of free trade lumber doesn't it? I'm sure many canadians empathize with the situations that many of our good neighbours to the south are thinking about. Not sure if it's the right prescription but I recently added some pfizer PFE to the shelf. Hopefully that will help some of the pain over time. The servicers and drillers still will be busy this winter north of the border. The sector should remain firm as long as the producers (and trusts) keep spending their cashflows.