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02/05/07 8:34 PM

Post #1

Trust units took a beating when the Conservatives published their intention of taxing units, etc.
TUI.UN is one of the first to submit its plan towards returning to regular shares. Distribution has come down from .24 amonth to .18 to the current temporary .12 a month. This should end in a month or two if all goes according to plan, and become a regular dividend of .08 quarterly.
TUI.UN trades around $6 (was over $20 a year+ ago.). I think the market has already accounted for the future changes.
IMO, True Energy is a good investment, at this price.
(Due Dil. req. ofcourse!)
g.p.

True Energy Trust (TUI.UN)

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Created	10/06/06	Type	Free
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True Energy Trust - Business Description: An exploration company focused on exploration for and development of natural gas and oil reserves in the northwest part of the Western Canadian Sedimentary Basin, primarily in the Peace River Arch and Mega/Venus areas of northwest Alberta. Address: 530 8th Avenue SW, Suite 2300, Calgary, AB, CN T2P 3S8 Telephone: (403) 266-8670 Website: http://www.trueenergy.ab.ca Facsimile: (403) 264-8163 Email: investor.relations@trueenergy.ab.ca True Energy Trust vs. BQI=CanWest , SU=Suncor and ECA=Encana