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Strategies & Market Trends : Natural Resource Stocks

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To: TheSlowLane who wrote (81230)9/1/2009 10:59:38 AM
From: RyanE.  Read Replies (1) of 108904
 
To be honest--insider buying. I happened to noticed that the beneficial owner of it LRP V Luxembourg has been buying quite substantially in that price area. TESO was around $30 two years ago and I figure they're trading at a cash flow multiple of under 8 which is way cheaper than their peer group, imo.
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