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Primewest..Shiningbank... ..all very solid quality were hit very hard in November. Primewest, in particular, has increased its production capacity significantly and added oil to its very strong gas reserve base.
Feb 16 21:07 pm
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All Comments by Greg Pinelli »Eye on PrimeWest Energy Trust [View article]
In 3-4 yrs an investor at these prices would easily make back most..if not all..of the losses seen already in dividends alone. When..not if..heavy oil becomes one of the few viable options for reserve expansion those companies will desperately need Primewest's gas.....