Posted AT 6:00 AM EST on 29/08/08
The smart way to make money in a credit crunch
You have to turn a lot of rocks to find a company that might benefit from a credit crunch and a tight-fisted equity market.
Might
Franco-Nevada be one? The new Franco was clawed out of Newmont Mining, which bought the old Franco six years ago. Franco, then and now, is a collection of resource royalties that spin off cash based on the production of oil, gold, copper or what have you at OPM – other peoples' mines.
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