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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (89223)	4/3/2001 11:51:10 AM
From: timers	Read Replies (1) \| Respond to of 436258

recommendation by WHO? how do you view that? i'd rather they be quiet.

To: pater tenebrarum who wrote (89223)	4/3/2001 11:55:14 AM
From: wlheatmoon	Read Replies (2) \| Respond to of 436258

Message 15605537 you're being revered...-ng-

To: pater tenebrarum who wrote (89223)	4/3/2001 12:08:45 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

LOL, what are cycles saying... down into the weekend with a turn on the 6th or 9th...?? DAK

To: pater tenebrarum who wrote (89223)	4/3/2001 12:23:30 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

time to sell them?

To: pater tenebrarum who wrote (89223)	4/3/2001 12:23:39 PM
From: re3	Read Replies (1) \| Respond to of 436258

okay, heinz, if normandy produces 2.5 million ounces a year and the ken snyder mine produces 250000 ounces a year, and say normandy hedges half, that still means that normandy has a lot of hedging left over...i guess the info i need is what % normandy hedges. franco tanked today on the news... TORONTO, April 3 (Reuters) - Franco-Nevada Mining Corp. Ltd. (Toronto:FN.TO - news) fell almost 12 percent in early trading on Tuesday, one day after it swapped its prized Ken Snyder mine for a stake in Australian gold producer Normandy Mining Ltd. (Australia:NDY.AX - news). ADVERTISEMENT Toronto-based Franco-Nevada, the fifth largest gold company in the world by market capitalization, was off C$2.09, or 11.8 percent, to C$15.65, on volume of 788,000 shares. The company trades in a 52-week range of C$12.40 and C$20.50. The deal to swap its stake in the Ken Snyder gold mine in Nevada for a share in Normandy doubles Franco-Nevada's annual gold production and makes it the largest shareholder of the Australian gold mining company. The deal signifies Franco's return to its roots as primarily a gold royalty company, as it retreats from the role of mine operator. Under the terms of the agreement, Normandy will issue 446.1 million shares -- which represent a 19.9-percent interest in Normandy -- to Franco for 100 percent of the Snyder mine and the surrounding Midas Exploration properties, as well as Franco's Australian interests. Franco retains a minimum 5-percent net smelter royalty on the Snyder mine, which produces about 257,000 ounces of gold a year. The net smelter royalty could rise to a maximum 10 percent, if gold prices top $400 an ounce. Normandy, Australia's biggest and the world's seventh-largest gold miner, will produce about 2.5 million ounces of gold annually, of which Franco's share will be 20 percent, or 500,000 ounces