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

To: allevett who wrote (77939)	1/15/2007 8:58:39 AM
From: ChanceIs	Read Replies (1) \| Respond to of 206176

RE: CanRoys I think that the CanRoys - having been given a 30% haircut - were a great investment regardless of a scaling back of the proposed tax. I think that they were oversold and expected a bounce to the upside. Besides some (CNE) are yielding 17%. You know that the price of gas is only going to rise, increasing the yield. Despite the Loonie's drop since the summer - related to falling crude prices I am sure - I believe that the dollar will continue to fall. Get 'em while they are hot.

To: allevett who wrote (77939)	1/15/2007 10:15:34 AM
From: Tommaso	Read Replies (1) \| Respond to of 206176

OT: I think Harper and Flaherty considered they had made a stroke of genius by preempting what had been a Liberal idea; they were counting on the indifference of the majority of Canadians who do not own the trusts and the envy directed trust holders and especially at foreign beneficiaries of Canadian trusts. It would be ironic if a simple sense of decency and abhorrence of dishonesty was the undoing of Harper and his party. There may be better documented cases (in a modern Democracy) of blatant lying by a public figure, but I don't know of any--not even various film clips of Nixon. The oil and gas royalty trusts made it possible for small investors--indeed, microinvestors--to enjoy the generous and increasing income from sales of oil and natural gas. The whole trust model restored the original idea of owning shares in an enterprise and benefiting directly from the profits. The only non-energy trust I own is Gamehost, where well-run hotels, restaurants, and casinoes produce a stream of income that increases every single month. I think Gamehost will be a success under any kind of corporate structure, but the trust structure assures that the profits actually go to the shareholders--who then PAY TAXES. Even foreigners pay taxes to the Canadian government, which has been withholding them, in some cases illegally.