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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Jack Be Quick who wrote (21203)5/3/1998 1:51:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
I agree with that logic John. I have been researcing some energy trusts. I have found a few that return 7% plus with oil prices LOW. They should do better with oil prices much higher. I would also think the unit prices would rise as investors move into them giving the early investor a dowble bonus. Several trust units are trading much cheaper than a year ago as investors have opted for the YHOO gamble.

My concerns are:

How does one determine the reserves and replacement of same in these trusts?

How does ownership of a "unit" differ from that of a "stock"?