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Hi Woody and An,

I,ve held PCL for about four or five years. During the early part of that period it in fact had a nice price appreciation but has been relatively flat of late. The price appreciation occured right after a Forbes write up which I presume sparked interest in the company. Since then they have not had a lot of publicity on their own. At their current pay out vs bonds in view of their what I believe to be good management, I'd say they are a good long term hold and I think that I will add to my position on any pull back of 10% or more assuming no changes in their fundamentals.
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