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Gold/Mining/Energy : NPL: Huge dividend, low price? -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (7)10/28/1998 11:22:00 AM
From: Chip McVickar  Respond to of 17
 
Henry,

BPT is why the Alaska pipe line was built.

They have declined about 55% in stock value in the last year.

The only negitive that I know of is the expectation that the reserves
are dwindling and pumping may begin to fall off. But this is not due
for a number of years.

The estimated income is about 12.6%.

These links maybe of interest. You've probably already found them....
All of Kerms work is excellant and the structure he has put together
is remarkable. All three of these links are connected and cover some
larger Oil and Gas concerns in USA internationally.
Kerms Korner
Subject 10229
Canadian Oil and Gas Companies
Subject 3540
Canadian Stock Market Activity
techstocks.com

My Best
Chip



To: Henry Volquardsen who wrote (7)10/28/1998 7:32:00 PM
From: jbIII  Read Replies (1) | Respond to of 17
 
Hi Henry, Particularly good for a conservative tax free vehicle

Are you saying an investment like this or in this particular fund/trust is completely tax free?

I've briefly looked at a similar trust Dominion Resources(DOM).
They currently have a yield near 15%, along with about a 50% tax credit if I understand one of the recent dividend statements(PR's). This seems quite remarkable to me.

I haven't really looked into income investments since I'm still in the negative accumulation phase ;O( but would appreciate any comments or wisdom.

jb3