BudHarvey

Six U.S. Royalty Trusts, Dorchester Minerals Look Promising for the Long Term

The Canadian Tax (15%) on the Conroys' dividends is the same as the Capital gains tax in the US and the Canadian Tax is credited on our Us Income tax return, so there is no tax gain to the US Royalty Trust over the Conroys. By the way, I own both Canadian and US Royalty trust stocks

Penn West Energy's Reassuring Earnings Update

We own sever thousand shares of Peen West and we are just sitting on it. We buy stocks for the dividends so we are relatively heavy in most of the Conroys.  We have continued to purchase additional sharesfrom time to time as the stocks have decreased in price.  We fell that the oil prices are close to the bottom (approximately $35.00 USD) and these Conroy stocks should se an upturn in price and dividends before the U.S. stock market actually bottoms out and starts back up. We have watched the peaks and valleys in the Conroy stock prices as they fluctuate with the price of oil. If you really shop the market for dividends, I think that anyone could reasonably conclude that the Conroy stocks are the best for now and the future if some is looking for investments with dividend income.

Cramer's Mad Money - The Best and Worst Earnings (2/3/09)

The best earnings in the market are in Conroys ! Do be fooled by the American Company stocks. Why would anyone want to invest in American stocks so that the companies can continue bad management and then pay taxes so that the government of the U. S. can bail out the publicly owned company. That is Felony Ingrance !

Penn West Still Shaky After Cutting Distribution

We have been purchasing conroys for a year and, yes the asset value of the stock is down; however, the dividend amounts have not decreased at the same or similar ratio and are not really that much less than they were a year ago. With the hugh peaks and valleys in the price of oil, one may ask how theycontinue to pay dividends at the current rates each month. Also be aware that they are not necessarly sell oil and gas at the market price as they have previously contracted pricing that is high today than the market price. At the same time, the IRS tax is also 15% so that is a wash with the Canadian tax being paid currently. If you are not in the lower part of the IRS tax chart, this is less tax to pay than on other investments with, in some cased, much less yield. We have lowered our overall share price by buying some additional amounts of stock as the prices have declined. Although the dividends are a little less, by purchasing additional shares through the market turmoil, we have increased our overall income. We do not currently know of any other investments with these type advantages. We are definately in the HOLD mode presently, but would not consider moving to the SELL mode on any of the conroys and we have some shares in all of the conroys on the U.S. exchanges.

Canadian Royalty Trusts Will Never Return to Their Former Glory

Let's not lose sight of the fact that the dividends are still greater that any group of dividends with U. S. Companies. The fact still remains that they have to pay out the dividends from monthly profits generated to remain as a Royal Trust in Canada. As anothe comment was made, I will repeat - "Sell your shares in these Canadian companies so I can buy them" !

Bud Harvey