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Gold/Mining/Energy : Franco & Euro Nevada FN , EN
FN 466.91-0.7%Jan 23 9:30 AM EST

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To: fergie who wrote (419)3/13/1999 3:30:00 PM
From: Bearcatbob   of 658
 
Fergie, Re the debate. I think that the value of FN is clearly superior. However, I am buying gold stocks for the day when gold is the supreme currency again. Only gold will prosper in the economy I fear. Any industrial type commodity - including the best nickle mine in the world - will have minimal value. So, as FN diversifies more and more away from gold - my interest returns to EN. The recent price change was a reflection of the gold value versus the fear of world wide recession. Therefore, depending on the scenario you are investing in - EN or FN has more value for you despite the asset value of FN.

Cheers,

Bob
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