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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co.
FN 413.09+2.6%Nov 14 4:00 PM EST

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To: Squidman who wrote (301)6/15/2000 6:14:00 PM
From: Bearcatbob  Read Replies (1) of 511
 
How about a spin off of the oil stuff direct to the FN share holders before the Goldfields dilution?

Does anyone feel we deserve more!!!

This whole thing bums me out. First we had the screwing around with Voisey and Aber. Now we have SA. I bought FN for a clean royalty play on a company that could do better than the price of gold. The "better than part" has been gone for awhile now! How nimble can an elephant be - it will be a commodity play!

All the leverage of the great exploration play in Nevada aound the Ken Snyder mine is gone. We are now a gold commodity play!

Somehow all of the great annual reports I tried to read never lead to believe this would happen. Perhaps the other assets could be spun off somehow directly to we share holders. Their affect on the share price now is totally lost.

How about a spin off of the oil stuff direct to the FN share holders before the Goldfields dilution?

Bob
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