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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 (343)9/7/2000 5:59:10 PM
From: Archie Meeties  Respond to of 511
 
It's an extremely well run company. The energy royalties were disliked a couple years back, but the company had the vision to pick up a heavy oil property when crude was serverely depressed. The merger with GOLD is an excellent blend of management. Both are progold and the mining sophistication of GOLD will complement the exploration and financial savvy of FN.

What do you think they'll do with the warchest they've amassed? I notice that their holdings of precious metals is steadily increasing. -g-



To: Traveling Man who wrote (343)9/9/2000 6:33:55 AM
From: Bearcatbob  Read Replies (1) | Respond to of 511
 
TM,

We have communicated here for a number of years. The FN I bought will no longer exist when the merger is complete. I have sold. Your post of the quarterly report makes me wish that I could buy the old FN again. I am considering using Godlcorp for the gold portion of my portfolio - any thought?

Good luck.

Bob


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