Ranchhand71, Given TPL's now very significant market cap my question is <br /> could (or is) TPL a candidate for inclusion in any major stock indexes <br /> such as the S&P 400 and/or 500? Might be a good question to ask IR. <br /> <br /> The stock is at such a high valuation right now I cannot say I would <br /> recommend anyone buy it at these prices. If anyone is holding for <br /> a $3,000 price target I am not certain the risk at this PE ratio would <br /> justify a reward of under 100%. I am not arguing here, only giving <br /> the way I see this. <br /> <br /> TPL is more and more like FNV. (With a PE to match.) I thought <br /> management did a good job on the conference call.