Golden Reincarnation and Franco-Nevada (TSE:FNV)
April 30, 2010 at 04:26 AM EDT
Whether you’re a gold bull or bear, there’s one gold issue that should be on investors’ radar at all times. It’s a stock that has outperformed the rest of the gold sector because it’s neither a keeper of bullion nor a miner – nor is it strictly even a gold play. What you’re buying when you acquire this company is quite simply some of the best brains in the resource business. Franco-Nevada Corporation (TSE:FNV) is the brainchild of Pierre Lassonde (and a few others), who founded the original company back in 1982, and operated it until 2002, when they sold it to American mining giant, Newmont, for a massive profit. One of the first ever companies to adopt the royalty resource model, Franco was an…