WESTSHORE TERMINAL INCOME FUND $10.60 (Toronto symbol WTE.UN; SI Rating: Speculative) operates a coal storage and loading terminal at Roberts Bank, B.C. The trust yields 10.2%. Coal shipped from the mines owned by the Elk Valley Coal Partnership accounts for 90% of Westshore’s revenues. Westshore’s concentration in a single facility, moving one commodity and serving one customer almost exclusively, is a major risk factor. Westshore Terminal Income Fund is a sell.
Westshore Terminal Income Fund $10.60 - Toronto symbol WTE.UN
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