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Strategies & Market Trends : Ride the Tiger with CD

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To: dara who wrote (201469)7/25/2011 10:38:49 PM
From: Breccia1 Recommendation   of 313059
 
I had very quick look; most the numbers look reasonable. I like to look at the payback period as a number that includes all the detail from all the parameters. My rule of thumb is that if the payback period is three years or less it's probably a reasonable project. The further out from three years, it becomes more and more marginal. The further under three years, it will just print more money.

This project meets this criteria and by that measure is probably okay.

The question is of course is it big enough at the present time significantly impact the stock? (probably not ??)

So it remains an exploration play for the time being...

PS... I know there will be some push-back on my approach, don't bother to comment as I like this rule of thumb as it works for me in my investment criteria.
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