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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co. -- Ignore unavailable to you. Want to Upgrade?

To: Traveling Man who wrote (309)	6/18/2000 9:22:00 PM
From: Bearcatbob	Respond to of 511

TM, I like you liked a solid gold company with superior performance to the industry. For several years FN outperformed all the others - even with a weak gold price. Then recently, as we have discussed, management seemed to wander. The Voisey's Bay fiasco and the added investment in Aber just before the permitting difficulties - all followed by the disappointments in Nevada at Ken Snyder. I think management got impatient and took their eye off the ball. So what to do now? Bob