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Re: wadegarret post# 51115

Thursday, 08/10/2006 2:29:38 PM

Thursday, August 10, 2006 2:29:38 PM

Post# of 173983
Wade-I can't speak for most companies, but TVOC sells at a discount to it's reserves. I have no interest in owning any oil company that trades at a premium to its reserves unless they have a promising portfolio of undeveloped property and a history of new discoveries.
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