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Hockmir

09/09/10 6:47 AM

#10 RE: milo3 #9

I think it is just the case that PBT has never been a "High FLyer". Its price has been a function of the returns from the production royalties, which dictates the divvie yield.

When oil begins to spiral higher, you should see PBT move up, but delayed due to the nature of the royalty contracts in place.