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Gold/Mining/Energy : Franco & Euro Nevada FN , EN
FN 466.91-0.7%Jan 23 9:30 AM EST

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To: Bearcatbob who wrote (391)3/6/1999 9:26:00 AM
From: Traveling Man  Read Replies (2) of 658
 
BBOB,

I think I hold about 60-40 with FN being the larger holding. Just as a point of history,I found out the other day that FN has always had the strategy of diversifying across the spectrum of commodities. This way,guys like you can get the excellent management of Lasonnde/Schurlich with a pure gold play(EN) and geeks like me can enjoy the same when basically owning a "commodity" mutual fund(FN).I am heavily into the family and hope they show the same track records over the next decade that we saw in the past one,at least. One thing to always remember, they have performed so admirably in a bad market since 89. Some day in the future they will get a boost from the underlying price of their commodities and then we shall meet for that cold beer(Heineken)on the Myrtle Beach golf course!

TM
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