SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (70397)5/25/2001 4:00:42 PM
From: goldsheet  Respond to of 116764
 
In hindsight, it might be good that the Gold Fields transaction did not happen. It was very smart of them to get out of operations by swapping Ken Synder for a share of Normandy. It gets them back to basics as a royalty firm.

More transactions like Metallica Resources (http://www.siliconinvestor.com/research/story.gsp?id=1530096) are a way to go. There are firms with good properties that need funding, and FN could build a very impressive worldwide portfolio. Buying stakes or funding exploration for royalties could turn FN into a major "mining/resource investment bank"