My assumption is enormous free cash flow accumulation is reinvested at a high rate of return plus aggressive share buybacks.

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Money will flow where it is advantageous, where there is a high rate of return, today this is the natural resource sector.

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Question for investors: Why would you not pay a market multiple for a company with stellar earnings, margins, cash flow, share buybacks, aggressively raising dividends, and a high growth rate?

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