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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (43209)	7/7/2011 4:20:51 PM
From: Madharry	Read Replies (1) of 78481

thanks for posting that article. i hadnt seen it. i dont know quite what to make of the article. It seems to me that if the stock is ridiculously cheap as Stein intimates, they should be repurchasing more shares. I would hate to see them sell those gold royalty streams . I kind of like having those around. I continue to own a lot of shares in this one. have not sold any but probably wont buy more as I own a boat load, some purchased at higher prices. Like a few others that i own (TTT, ALS.to, CMP-un.to) I am in this for the long haul and there has to be a good reason for me to sell like a huge premium to book . Meanwhile Im happy to own and clip the coupons. Looks like the small oil and gas companies had a nice bounce today. Anyone know why? About 10 more days like today and I will be breaking even for the year.

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