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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Robert van Mil who wrote (154)8/12/1999 1:02:00 PM
From: speculatingvalue   of 264
 
15 times earnings is quite reasonable. For the mathematically challenged, that's a stock price of $3.75.

They have a backlog of work, earnings are consistent, debt isn't a problem and they are buying back their own stocks. What more could you ask for?

It could be a long wait followed by a couple days of sudden movement when some analyst points out how undervalued it is.

You see this kind of story all the time. Your patience will be rewarded!
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