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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: Rarebird who wrote (50656)	3/21/2000 5:31:00 PM
From: re3	Read Replies (1) of 116796

re franco, yeah, thats been talked about on the thread on si here but they haven't moved on it (or at least aren't talking about it publicly to my knowledge). i doubt they'd go on the nasdaq. you can call them in toronto, and ask them ! i've spoken to them a few times and posted my responses on the fn thread. i verified that a particular fund had a significant holding in fn. having said that, they also are loaded up with banks, berkshire, fairfax, etc. many of these have not performed well lately and so, mutual fund groupies have sold it off in search for the latest hot dish. this means the fund would have had to sell off f.n. to match up with the redemptions. on the surface i'd say this means we have a lovely opportunity to buy or buy more, but i am worried that a big kahuna will cause a bigger selloff in that fund and thus cause the need for more shares to be liquidated. i know you and i have deep pockets <G> but we can't buy ALL these shares ! i believe their annual meeting is in june ? maybe you want to fly in for it ? if you are nice to me i might buy you a falafel after the 'big show' ike

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