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Gold/Mining/Energy : Franco & Euro Nevada FN , EN
FN 489.44-1.4%Jan 30 9:30 AM EST

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To: Traveling Man who wrote (313)9/16/1998 4:56:00 PM
From: Ronald Tammekand  Read Replies (2) of 658
 
Both companies are very well run but both make their money from Goldstrike and possibly a few other very profitable Nevada gold mines. Also the share price of both is directly correlatable to the POG, but moves probably 3 times as far/fast.

The diversity in FN is window dressing and as FN pays more dividends the EN share price should move further. Also percentage wise because of the lower price EN should show higher gains.

The only thing that I don't like in their portfolio is Cerro San Pedro in Mexico, which is a turd.
best, Ron
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