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: dave rose who wrote (464)	11/14/2001 5:00:33 PM
From: Traveling Man	Read Replies (2) of 511

Dave, According to your long term outlook and where you purchased shares. We're going to get an immediate boost from the C$ 20 range to about C$28 over the next several days,IMO. Plus,if we hold the new NEM shares,they will start out worth C$28 to we FN shareholders based on the ratio exchange(I think!!!). On the other hand,our old FN is history. One will have to decide on holding NEM shares or not. They may do well,I have no idea. I have thoroughly enjoyed holding FN all these years. Made nice returns,too. I loved this company and NOT because they were into gold. It was a cash creating cow until the great gold depression descended last decade and never left. I am not sure which route to take. One must believe in gold to hold NEM,one could make gains in FN without a gold rally. TM

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