noobtrader
10-28-2007, 04:47 PM
HTE, Harvest Trust Energy in Canada... this stock to me is a good stock to own. Not only do they extract oil from the ground they refine it and ship it themselves through their own company so they dont have any extra costs. They offer a dividend of .38 cents a share.. this dividend is paid each month and the best part is its around 28 bucs a share.
With 4 years till the Canadian Government decides if these Royalty Funds should pay corporate taxes I think its a good time to get in and get your position because if they decide they wont pay the taxes this stock will definetly go back up.. they offer a DRIP plan also.
from what is going around, they say its unlikely that the government will make them start paying taxes.. Just something to look into guys let me know what you think
With 4 years till the Canadian Government decides if these Royalty Funds should pay corporate taxes I think its a good time to get in and get your position because if they decide they wont pay the taxes this stock will definetly go back up.. they offer a DRIP plan also.
from what is going around, they say its unlikely that the government will make them start paying taxes.. Just something to look into guys let me know what you think