Franco & Euro Nevada FN , EN Message Board

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Gold/Mining/Energy : Franco & Euro Nevada FN , EN

FN 471.74

+5.5%

3:59 PM EST

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To: Traveling Man who wrote (602)	10/4/1999 8:25:00 PM
From: Gary H	Read Replies (2) of 658

FN opened at $32.40 and closed at $32.45 on a POG increase of $13.30(Kitco). A $.40 increase just doesn't fit. By comparison the Can gold index went up 422 point or 6.4% to 7012. FN went up.12%. A further comparison, on 9/27 the gold index ranged from 6467 to 6842 and FN ranged from $31.00 to$35.75. If FN was keeping abreast of thing it should be in the $34+ range. Q: Is any part of FN hedged? OK, I got the answer from 2 post earlier. Tey are not hedged. PS. The last POG from Switzerland was $325.

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