Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co. Message Board

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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co.

FN 447.23

+1.0%

Jan 9 4:00 PM EST

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To: re3 who wrote (319)	7/25/2000 12:08:21 AM
From: dave	Read Replies (2) of 511

Hi Folks Timing is everything! I have been a shareholder of FN for about 8 months now. I bought because of their earnings and large cash position. I, like many other shareholders,was expecting that they would spend the money wisely. I think they did! The timing may have been off by a bit!!! But if we all had a crystal ball? The stock is being hurt by the trouble in SA now. I think it will take a few good earnings reports (and gold price support) before FN begins its rise. When it begins its rise I do believe it will be a prized gold holding and in the $70.00 C range(6 to 8 Months). IMHO Regards Dave T.

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