Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (70934)	8/15/2000 3:38:07 PM
From: jim_p	Read Replies (2) \| Respond to of 95453

I agree with you on both, but TLM is selling at 3X cfps, and PPP is selling at 5X cash flow. The average of all 66 companies is now at 4.66X, and that includes a lot of dogs. TLM should be selling at $45 by Canadian standards, and $60 by U. S. standards. The Sudan issue will die away over time, or it will be sold off. In the mean time it is a gift at this price. I talked to two oil and gas CEO's yesterday in Calgary, and both of them own TLM. 1. TLM has grown production by 43% from 1999, and 1.5% from 1Q 2000 through the drill bit 2. The stock is trading at 3X 2000 cash flow with a 40% growth rate??? 3. Leverage is a very conservative 38%, up from 36%, 4. and it has a market cap of almost $5 Billion. Jim