Cameron Hurst
Franco-Nevada Corp
FNV-N
PAST TOP PICK
Jun 13, 2017
(A Top Pick May 20/16. Up 13%.) Any time you are playing a particularly torquey name such as gold, copper, etc., a royalty name is always a better way to play it, as opposed to exploration. He would not be adding at this time.
A relatively conservative play on gold. He likes the royalty streaming assets that they do, as opposed to being in the ground and trying to dig it out where you have a lot more risk and volatility. He likes gold right now, based on global negative interest rates. Dividend yield of 1.36%.
(A Top Pick Mar 05/21, Up 42%) Best name to own in the gold space. It is a definitive royalty player with upside especially to gold and silver production as well as upside to optionality to exploration. It is insulated from the capital expenditures, etc. variables of the producers. Owns and is still buying.
(A Top Pick May 20/16. Up 13%.) Any time you are playing a particularly torquey name such as gold, copper, etc., a royalty name is always a better way to play it, as opposed to exploration. He would not be adding at this time.