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Gold/Mining/Energy : Franco & Euro Nevada FN , EN -- Ignore unavailable to you. Want to Upgrade?

To: fergie who wrote (419)3/13/1999 3:30:00 PM
From: Bearcatbob  Respond to of 658
 
Fergie, Re the debate. I think that the value of FN is clearly superior. However, I am buying gold stocks for the day when gold is the supreme currency again. Only gold will prosper in the economy I fear. Any industrial type commodity - including the best nickle mine in the world - will have minimal value. So, as FN diversifies more and more away from gold - my interest returns to EN. The recent price change was a reflection of the gold value versus the fear of world wide recession. Therefore, depending on the scenario you are investing in - EN or FN has more value for you despite the asset value of FN.

Cheers,

Bob



To: fergie who wrote (419)3/13/1999 4:05:00 PM
From: Bearcatbob  Read Replies (2) | Respond to of 658
 
Fergie,

Go look at these two charts, I do not know if they stay there for EN and FN. If they are not there go to Bigcharts.com and do 20, 50 and 200 day moving averages for EN and FN. Bob

bigcharts.com
bigcharts.com

Anyway, these charts - generate them your self if they don't come up - show EN is breaking out to the upside while FN is simply just starting to wake up.

Bob


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