Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

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Big Banc Split Corp

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Post by lookin4deals4meon Apr 08, 2008 12:58am

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Post# 14947718

Speculative oilsands play. check it out.

BQI (Oilsands Quest) is in the same area as GNZ. All they have done is 3D seismic and some drilling as shown by the press release info below. GNZ's report that has info from previous drilling will showcase this incredible property. BQI is currently trading around $4.20. This is a great indication of where GNZ will be heading soon!

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Oilsands Quest Inc.'s Form 10-Q quarterly report for the period ended Jan. 31, 2008, was filed Friday, March 14, 2008. The company also provides an update of the status of winter field operations on its contiguous oil sands exploration lands in Saskatchewan and Alberta.

          DRILLING PROGRAM (SEPT. 14, 2007,  TO MARCH 16, 2008)
Type of drilling              Saskatchewan        Alberta            TotalExploration holes
                        38                25                63
Delineation holes                    87                 -                87
Environmental wells                  16                 -                16
Reservoir test wells                  2                 -                 2                   
---                --               ---
Totals                              143                25               168                                 ===                ==               ===

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