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 438.00

-1.3%

Oct 30 5:00 PM EST

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To: Traveling Man who wrote (436)	5/21/2001 7:03:49 AM
From: Tom Gordon	Read Replies (3) of 511

TMan, great stuff on Normandy, looks like a sound aquisition, the only thing that concerns me of this gold market as of now, being gold hit 299.00 overnight and has retraced,albeit that it didn't completely fill in the gap up this morning which bodes well for the market. I'm hoping that since all of the global central banks have mounted a bear raid on the Aussie currency, this won't entice them to forward sell a whack of production into the markets snuffing out a furthur rally just to prop up there dollar .Maybe that will be part of the discussion in Instanbul this week as all of the majors meet at there annual meeting, fitting it falls right into this rally. Hope they collude just the way the banks have done and give them some of there own medicine. Little pie in Greenspan's face won't hurt! Regards TG.

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