Enerplus Resources Fund (USA) (ERF)

I read this article http://www.fool.com/investing/dividends-income/2009/11/11/dream-stocks-for-dividend-investors.aspx?source=idgsithla0000001 and then read a few of the comments from other CAPS members and decided it was good for a short term pick for me. I'll have to try to find out more about what happens in 2011. bullishbabo says he thinks it will pay out more in taxes and therefore less in dividends. If that is true, I'll have to see how much of a difference that will make to me. For now I'll take my 8.6% dividend and run with it.

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Good dividends

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I'm shocked at how good this looks. My real question is to the people who are voting no. What are you thinking? Please tell me because it looks too good to be true.

price 22.8
High dividend 9%
solid book value 21.67

We all need /use energy.

I read this article:
http://www.fool.com/investing/value/2009/08/25/discover-royal-returns-in-natural-gas.aspx

And then decided to give this Royal Canadian a thumbs up.

Dividend and Oil play

High Safe Yield Pick

Priced below book value. Do you really think the price of oil won't go up again?

Energy resources fund producing a 10% yield!!!

peter schiff pick

Capitalizing on energy prices going up as a commodity, and the US dollar going down as a currency issue. This company deals with both quite nicely and includes a super dividend too.

I like this company because of the following reasons:
1. It is trading below book value and has a great earnings record.
2. It has a great dividend history and yield.
3. It's a play on oil/natural gas.
4. If the US dollar starts to collapse in value a bit, this company's Canadian dollars will translate into more earnings in US dollars.

I understand the 2011 tax situation with these trusts, but even as corporations, these things would still have good yields.

I am betting on oil/energy right now.

nat gas and oil canroy will benefit from rising prices of commodity in limited supply and increase in canadian $. I believe this is all inevitable consequence of massive debt US is taking on.

Oil and gas may be deep in to it right now, but long term as the world economy pulls itself up by it's bootstrapes, oil will make a comeback. Alt energy is wonderful, but it will take many years for it to make a significant dent in the use of oil. The days of easy extraction of oil are gone and some of the petroleum resources ie oil shale will require prices above $80 long term to exploit them economically. Oil fields around the world are showing decreases, some major, in their output. I am also convinced that OPEC is actually seriious this time about toeing the line on production reductions to try to drive the price of oil to the $70 mark or better. long petroleum 10 to 20 years!!

I could see this one getting hammered in the next couple of months, but since this is a game I will say I am bullish cause the dividend is there, however without the dividend I would not be a buyer, they are short on cash and may need to do an equity raise. Now in the event that I am wrong, what the hell, they give you ten percent from here.