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Gold Mining Bull
raising money here is so smart. Shares are overvalued and the raise will give Franco $500 million to complete deals in undervalued co's
I completely agree. FNV has been significantly outperforming recently and instead FNV's management team was smart enough to take advantage
...of that and sell shares at $59.75 each, which is a very good price to get for them. The $500M will help drive long-term success and they
...sold at a very good price while they were leading the industry higher. Effectively they "sold high" and have money to support long-term.
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