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Gold/Mining/Energy : t. upton resources

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To: Curly1 who wrote (7)10/23/1997 1:02:00 PM
From: Method   of 86
 
Upton is the Post's Hot Stock today. Targets range from $8.25 to $10.00. Using the analysts targets for production and cashflow it looks like they are using $10/barrel for their numbers. Last quarter URC realized ~$14 per barrel. They also target URC at 6X cashflow. If the URC us able to get more bucks to the barrel then our loftier projections are obtainable.
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