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Gold/Mining/Energy : t. upton resources

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To: Keith Utz who wrote (16)	11/26/1997 1:45:00 PM
From: Method	Read Replies (1) of 86

Upton seems enormously undervalued. The sale of the properties is translated into lower cash flow and production. As low as the market is indicating I don't know. The stock is currently trading at three times expected cashflow. Will this rise to a reasonable 6X cashflow I don't know?

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