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Zeev Hed

11/06/03 12:49 PM

#168731 RE: MarketTurmoil #168722

I really you should ask Dan, he knows much more. If I were, it would probably be FCX the preferred B (I don't remember the symbol), the dividend is paid in gold equivalent. Otherwise, NEM.
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Fred Langford

11/06/03 1:15 PM

#168754 RE: MarketTurmoil #168722

FWIW, I just listened to the RGLD conference call, it was short and to the point, no problems were brought up including during the Q&A. The best part was that they have no debt and are continuing to pursue royalty deals.
The call will be available to listen to for a couple of days They already have deals with NEM and ABX, an Argentine mine and mentioned a few others.
It was interesting and I heard no red flags...

Fred