iHub Mining Sector Entrance Lobby

[KastelCo]

Hi marcos,

I agree with Michael on the RJ reports. I read them for the facts not necessarily the opinions. They are perma bulls.

Richard S. is definitely a worthwhile read (as are many), but then again you gots to make up your own mind. Sometimes when I read guys I follow I do exactly the opposite of what they suggest (and it works out :o) Like Bobby says: Don't follow leaders, Watch the parkin' metres

Yeah, I pointed Claude to the Canadian REITS and the Boom Boom Room. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18310847
I get the feeling he was quite taken by the fat yield on Provident. Assuming here he'll do his research 'cause there is more to these than just yield to consider. Depends on your goals which is why in my post I stated that I'm more LT buy and hold in those trusts, hence for that purpose I prefer those with a decent record of good management demonstrated by consistently good hedging and reserve acquisition (staying ahead of the cycle or to use Michael's vernacular those that anticipate well).

I have PEL.TO and PQUE and NCF.UN (a trust) all for trades. A trust for a trade ? Yes because they don't hedge much so NG leverage is good while still paying a dividend and they were basically at what appears to be a cycle low (could be wrong though :o), I certainly was too early adding more AVN.UN @ the 12.50 to 12.60 level.

regards,
Kastel
A cute and cuddly Canadian