Franco & Euro Nevada FN , EN Message Board

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Gold/Mining/Energy : Franco & Euro Nevada FN , EN

FN 391.69

-2.7%

9:35 AM EST

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To: Bearcatbob who wrote (474)	6/1/1999 7:57:00 PM
From: Traveling Man	Read Replies (1) of 658

BBOB, I finally got my annual for FN. I think the reason they made that statement is that some negative comments from institutional investors were heard lately about FN can't receive precious metal value multiples IF a significant part of the revenue stream is base metals. I am moderately impressed with their work. Though revenue is way off, I think they have a nice picture shaping up down the road a few years. That Platinum deal is going to be a major one. Platinum may be the shining star of FN in a few years IF the price continues strong growth. They bought the diamond and nickel deals for .20 on the dollar according to them. That Voisey bay may mine for one hundred years! That's a real find. Just a few days ago, I read where the gov. there told Inco to go ahead and mine the material,just wait on processing for further negotiations. Reality is seeping between ears in Labrador. TM

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