'Meanwhile....wait until it hits $80.....'

IF it gets that low, I'll be buying.  (That would be a 4.4% yield)

By the way Cat, the highest close in July/07 to yesterday's close still gives a return of 8.15% per longrundata.com. Much higher than the 7.7% you claim. You should be more accurate if you want to be taken seriously. 

Plus, the lowest close in July/07 was July 31 of that month.  That was $2.13 lower than the close on July 11, 2007. 

I checked. 

Either way, mute point. I would take a long term return of 7.5% any day. It beats the long term average of the TSX and it would easily exceed my goal per my IPS.