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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Carpe per Diem who wrote (6750)	2/8/2006 11:09:10 AM
From: Bread Upon The Water	Respond to of 25575

From 1975 thru 2005 a collective group of timber companies average return, with dividends reinvested, was 15% a year. Many of these companies, Plum Creek, Rayonier, and Timber West among them; own land in what is now becoming prime recreational area. An acre of land worth 1500 for its timber value can be sold for 25-to 50K for those purposes and timber companies are now doing this and putting the profits back into timber further out in the boonies and still having cash left over. The trusts above will pay you a little under 5% a year in cash and analysts have written that trees growth just adds that much in asset value each year. The population demographics of the US will keep the demand for home building strong over the next 20 years--although admittedly there will stops and starts in this due to interest rate and market fluctuations. IMHO they are good long term hold assets and a way of diversifying your asset base, but as with everything--time will tell. Bill

To: Carpe per Diem who wrote (6750)	2/8/2006 11:25:11 AM
From: Bread Upon The Water	Respond to of 25575

Rinks and all: Additionally, IMHO, there's a heck of a lot of difference between these companies that already have the financing and their projects under way (Syncrude, Encana, Suncor) and companies that are just getting started (CLL & PBG). The latter have to prove up both asset base and techniques and raise much capital. Whether this is doable or not depends on the amount of asset base proved up and the progress in their exploration lands in S.A. The above are variables and not a given--like the larger sand plays. So for your lower stock price you are taking on a whole lot more risk. I also think the time frame for realization for CLL and PBG is going to be a lot further out---think 2010 or so.