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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co.
FN 486.62+5.9%Nov 5 4:00 PM EST

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To: Bearcatbob who wrote (426)5/20/2001 2:09:37 PM
From: Traveling Man  Read Replies (1) of 511
 
Hey BBOB,

I personally think the O&G department will bring in increasing revenues for quite many years now. Beyond the standard accounting methods used to value the trade FN did with their assets and Normandy's shares,I wonder if anyone knows how this will affect FN's revenue and earnings?

I see how it will assist FN on the asset or value side,but it seems to me we lose the revenue and earnings side of the equation.

Anyone wants to point out why I'm wrong,I'd love to hear it.

TM
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