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  • Citigroup Forecasts High Distribution Cuts By Canadian Royalty Trusts  [View article]
    I started to own canroys before they registered in the US, my first was in 98. A few things to consider before you jump into the present price decline:
    1)Costs of extraction vs. price
    2)Life of reserves versus replacement
    3)Currency fluctuation Can/US

    You can live with 3 been out of sync but you cannot own any if 1 and 2 are not in line with the market.

    I hope I make it simple enough and it helps.

    Dec 05 01:48 am |Rating: 0 0 |Link to Comment
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