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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: Tom Gordon who wrote (433)5/20/2001 6:59:37 PM
From: Bearcatbob  Read Replies (1) | Respond to of 511
 
Hi Tom,
Regarding your comments about all of the financial attributes of FN - I agree. I simply no longer see FN as a clear gold investment - but more of a gold oriented resource holding company. For a long time FN kept going up while the other golds tanked. Then came Aber, Voisey's Bay Oil and Gas, South Africa and Australia. Even then there was always Euro Nevada to play - now that is gone too.

So, if you are looking for a pure gold play - FN is no longer it. Is it a good company - you bet. Is it a gold play - sorta.

Now, with gold moving again the question comes as to where to play. I admit I do not know. My Goldcorp has been nice - but it is essentially a one mine wonder - Wharf does not count.

Open to all ideas.

Bob