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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (37042)3/28/2010 5:37:47 PM
From: Grantcw  Read Replies (1) of 78599
 
GPOR to me looks interesting, even at these prices - though it looks like you've had shares for a while now.

In my opinion:

Pros

1) Earned $0.55 in 2009 and projected to earn ~$1 in 2010 even with sizeable hedges of oil at $55-$58.

2) Large oil sands property that some seem to think might be worth more than the market value of the company today.

3) Low Debt

4) Cash Flow coming to pay the low debt

Cons

1) Oil price could come down, hurting the 4 reasons above.

Is this your take also? Any further thoughts?

Thanks,

cw
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