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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: IngotWeTrust who wrote (501)1/22/2002 5:22:10 PM
From: Bearcatbob  Read Replies (1) | Respond to of 511
 
"A couple of thoughts came to mind as I read your reply, BearcatBob. Far be it for me to defend Snyder's "reinvestment" into INCO and Aber, but have you considered:"

geea - Ken Snyder was the name of the mine - named after a geologist. I do not believe Ken Snyder had any input on how the profits were reinvested from his geological find.

You may think long term was good - well the company is not gone and for several years the price died. Prior to Aber and Inco - and not really Inco but Voisey's Bay - FN and EN bucked the trend. So far Goldcorp has bucked the trend because the business venture is profitable.