SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co.
FN 438.00-1.3%Oct 30 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Traveling Man who wrote (497)1/22/2002 7:36:50 AM
From: Bearcatbob  Read Replies (2) of 511
 
TM, Goldcorp is a business venture whose product happens to be gold. They sell thier product at a very high margin. Like any profitable venture the key to growth is how the profits are reinvested. FN/EN were great ventures whose product happened to be gold. I thought Ken Snyder was an excellent vehicle for reinvestment. My perception is that FN/En did not reinvest the profits well. Specifically I would point to INCO and Aber.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext