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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (53733)6/5/2000 2:44:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116795
 
> any view on "FAX" first Australia fund, yield plus currency exposure: biz.yahoo.com

Just hit a 52 week low, looks like it would be worthwhile doing a little research on it, so I'll take a look.
Do you know the discount to NAV ?

The real steal is Dundee Precious Metals T.DPM.A, which is now trading at over a 40% discount to NAV.
cefa.com

It has some good holdings and is very well diversified.
Top Ten Holdings include;

Buenaventura 10.8%
Agnico-Eagle 7.6%
Goldcorp Inc. 7.2%
Meridian Gold 5.5%
Gabriel Resources 5.3%
East African Gold Mines Limited 4.71%
Normandy Mining 4.7%
Ranger Minerals NL 4.4%
Homestake Mining 4.4%
Companhia Vale Do Rio Doce 4%

P.S. FAX discount-to-NAV is 22%http://www.cefa.com/scripts/fundstat.asp?id=fax&d=1