Re: Does this investment belong here?
There far better royalty trusts than this one,US based would be SJT,CRT and a handfull of others.Canadian trusts are more dynamic but also come with more risk,sinse they have there own quirks north of the border when it comes to accounting and market rules.I am down to 2 ERF,PGH.ERF is considered the big boy on the block,my basis is so low it would take quite a tumble before i decided to get bothered.The number of canadian trusts is legion,and growing by the week,this is probably not a good thing(well maybe for a while)keep in mind,at $45 WTI crude we are alot closer to the top than the bottom.Google around youll find all sorts of stuff on trusts.One of the main differences between Can/US trusts,is US based are depleting towards ).Whereas Can trusts,while depleting obviously,they constantly have to be on the hunt for acquisitions.Like all things related to energy,the top comes quicker than anybody thought--ak4195
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