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Gold/Mining/Energy : t. upton resources

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To: Christopher Hall who wrote ()5/3/1999 10:21:00 PM
From: Method  Read Replies (2) of 86
 
Upton is taking off faster because it is cheap based on cash flow and is getting cheaper every day oil rises. Take a gander at their annual report and it shows that with oil at $19 US they can achieve cash flow of $1.10/share and $.58/share in earnings whil investing huge in capital expenditures. Put a reasonable price to cash flow ratio of 6X and the stock is $6.60. Even if they achieve 80% of this stock price still has a significant ways to go.

Things are looking better every day!
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