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David Burrows Fording Canadian Coal Trust (Inc Trust) FDG.UN-T WAIT May 03, 2005

Hanging in pretty well in this downdraft in energy prices, partly because it pays a nice yield. There is risk as you are seeing some weakness in the price of steel which has been the big source of demand in the coal industry. Would like to add to his portfolio, but will wait to see some strength in the energy part of the market.

David Burrows

Owned

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$111.720

Stock price when the opinion was issued

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David Burrows Fording Canadian Coal Trust (Inc Trust) FDG.UN-T WAIT May 03, 2005

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