I'm out of SXP now but am still watching. I am not one to be...

I'm out of SXP now but am still watching. I am not one to be sitting out of the market because of subprime but I am mindful that it may yet come back for a second swipe at us. For that reason I am favouring stocks closer to production and hence may have an eps in the foreseeable future as liquidity could still be a problem going forward.

Still as each day passes i am looking harder and harder at the likes of SXP. There is absolutely no question about it's value on a market cap vs potential reserves basis.