Thursday, December 22, 2011

Who Said Gold Doesn't Pay a Dividend?

This gold stock pays it MONTHLY!  It is my #1 stock to own in 2012.

With my forecasted gold price at $2,100 - $2,500 for 2012, Franco Nevada could be trading in the $60-$70 range in 2012. With current gold prices at $1600, I believe they are still worth more than the current $38 price, and value the shares at over $50.

In my opinion, Franco is much more undervalued then their major competitor, Royal Gold, and they have a lot more room to grow and do more deals in the near future.

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