Canadian Royalty Trusts Will Never Return to Their Former Glory [View article]
The Canroys have already been hammered but some are spreading out internationally like Precision Drilling Trust which I understand is not technically a royalty trust but has a distribution stream that pays handsomely and has been making acquisitions (purchased Grey Wolf Drilling) to move out of almost exclusively Canadian drilling. I have ridden this down from the 20's and will continue to hold but it is frustrating as I had too much of my portfolio in various energy entities.
On Nov 24 06:57 AM apppro wrote:
> WOW! What a LONGGGGGGGGGGGGGGGGG article that no one will read just > to try and prove out his short posItion.
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The Canroys have already been hammered but some are spreading out internationally like Precision Drilling Trust which I understand is not technically a royalty trust but has a distribution stream that pays handsomely and has been making acquisitions (purchased Grey Wolf Drilling) to move out of almost exclusively Canadian drilling. I have ridden this down from the 20's and will continue to hold but it is frustrating as I had too much of my portfolio in various energy entities.
Nov 25 08:24 am
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All Comments by Tom Wright »Canadian Royalty Trusts Will Never Return to Their Former Glory [View article]
On Nov 24 06:57 AM apppro wrote:
> WOW! What a LONGGGGGGGGGGGGGGGGG article that no one will read just
> to try and prove out his short posItion.