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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (103934)	4/23/2006 3:41:02 PM
From: Tommaso	Respond to of 132070

It's on the TSX: tsx.com EDIT: all the below is about Oil Sands Split Trust, OST.UN I got my symbols mixed up. Actually, it's got only a little leverage left in it over COS.UN, of which it is a derivative: OST.UN is the capital share of the split trust based on COS,un, Canadian Oil Sands Trust. It had enormous leverage before the run-up in COS. The position I established tripled in about a year. OSF.UN also gets all the increases in dividend. I now recommend buying COS.UN rather than OST.UN because the upside is almost as good and the downside risk is much greater in OST.UN. But I continue to hold the OSF I bought because even at long term capital gains rate of 15%, the tax liability is very large. And I think the tar sands have a very long way to go yet. This is one situation that I studied out very carefully beginning a few years ago. If I had put everything I had into it, I would be a multimillionaire now. Have done very well anyway. My COS.UN alone is up 114% from a year ago, plus dividends.