The Lobster Farm

[marcos]

Franco, fn.to, has been for some time my favourite major - http://stockcharts.com/webcgi/gall.exe?Gall.web+fn.to
... i like their royalty model, the way that they've increased earnings all the way through the gold bear, their general approach and philosophy ... but, as russwinter points out over on G&SMS, they better get off their butts and make some deals with that near-billion dollars they're sitting on, while quality assets are going cheap, otherwise they'll be left behind ... they took twenty per cent of Normandy ndy.to and now it looks like Anglo will take the whole thing and hand them a measly $160m profit on the deal, lol ..... cash is the last thing they need ... what they should be doing is financing some of the quality juniors i'm holding -g- - bay.to, mfl.to, xcl.to, ngt.v, etc

And it wouldn't hurt their cause to get a New York listing either, they're a better company than pdg whose stock gets more attention from being more accessible to the majority of continental players ... here's their site - http://www.franco-nevada.com

Here's one i'm in fairly deep at the moment - http://stockcharts.com/webcgi/gall.exe?Gall.web+geo.to
http://www.geomaque.com - basic story is - small producer with new greenfield mine runs into bugs on startup, leach is coming slower than planned, so they have cash flow problems, need to do a little rescheduling ... meantime there is in effect a set of toxic warrants with a twenty-day pricing period ending day after tomorrow ... check that chart eh, hoo-hah ... company imho will survive, and we will know the nature of Resource Capital [holders of the warrants] by following how they treat this outfit .... i believe that they will find it in their interest to take say 9.9% of it and reschedule the rest ... we'll see next week or the week after

JXM, how does suf.to look on the p&f? ... i was looking at it today, thinking maybe ~2.20 was a bottom for now ... lots of black candles, one little white one ... well, i like it on fundamentals, it is a quality outfit imho, and should do fine if RSA doesn't blow up, which it might, sure

These lobsters - i hope they're free-range organic lobsters? ... and you play them good music, surely .... cheers