Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: chowder who wrote (104128)	6/30/2008 5:36:15 PM
From: gregor_us	Read Replies (1) \| Respond to of 206207

Hi Dabum. Neither HGT or SJT are Canadian Trusts. They are US Trusts. I like both but currently favor HGT, and I own some ITM calls on HGT. I have owned a number of the Canadian Trusts over the years. The King remains COS. (TSX: COS.UN, Pinks: COSWF). After COS, which I believe has the best fundamentals of all the Trusts owing to its reserves, and its catbird seat position at Syncrude--I would probably pick ERF and BTE. The latter is very oily, and the former is a good mix of NG and Oil. After those two, I would choose PWE. However, PWE management lacks focus, which is highlighted by the fact that they are sitting on very, very substantial but undeveloped resources. So, a stocking stuffer for one's children would begin with COS. Maybe add some ERF and BTE, and then a smidgeon of PWE. (one could also make the argument that PWE will eventually come through with either current or future management, and become a little monster of production). I hope this helps. All the trusts I mentioned are Canadian and are listed on senior US exchanges. With the exception of COS. Gregor

To: chowder who wrote (104128)	7/1/2008 1:12:23 AM
From: energyplay	Read Replies (2) \| Respond to of 206207

It is useful to buy a basket of several Canadian trusts in case one of them does something stupid, like overpaying for an acquisition, or gets hit by some government ruling, like Paramount PMT.to did. The mutual funds Energy Split and Energy Split II Es.to and En.to hold a basket on royalty trust with leverage. However, the often sell for more than Net Asset value. You can buy them through Fido and other places, but not Schwab. Peyto Pey.to also was a pretty well run trust. They have a detailed presentation that compares the larger Canadian gas trusts on several metrics, like reserve life, costs, etc. peyto.com Also, check Kurt Wulff for his opinion - www.mcdep.com