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shadow43560

02/06/05 12:52 PM

#3691 RE: markrhead #3688

Royalty trusts

pgh nbp apu fdg pwi pvx TRU nat vlccf

http://www.investcom.com/incometrust/resourcetrust.htm

I considered Canroys for a while..they can have sharp downward swings. Like any other investment category..you have to be careful..


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John Bates

02/07/05 9:37 AM

#3732 RE: markrhead #3688

Markrhead, I own PMT-UN.TO (along with EEEA). PMT's dividend is currently around 15.25%. In January of '04, the Alberta government shut down a number of their gas wells as a conservation action to protect underlying bitumen. The company has made a comeback, but has carried a somewhat higher yield since. A few weeks ago, the government agreed to some partial compensation, which resulted in an increase of a couple a cents/month, from .20 to .22. The stock had been hot all the way to ex-dividend, but has given back about .40 since. I expect the second half of the month will regain some momentum as 15% is pretty high.

I might also mention that Yahoo often neglects to post the news of these companies. Stockhouse.com is a good source for their PR's.


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kozuh

02/08/05 6:45 AM

#3796 RE: markrhead #3688

mark-r-head, Canuck Energy Trusts


I have many in my IRA's and pay no taxes on the 15% dividends !!! It's a marriage made in Heaven !!!

And you can buy some great ones on the AmEx; check out PTF and PVX !!!!!!!!!!!!!!