Gold Is Headed "Substantially Higher" - David Harquail

Franco-Nevada, a miner traditionally focused on gold, has made a commitment to increase its oil and gas operations from its current 7% of revenues to 20%, said CEO David Harquail.“We think having some oil and gas actually makes our company stronger as a royalty company, and I think one of the benefits is that we’ve had the most dependable dividend in the business,” Harquail told Kitco News on the sidelines of the Gold Stock Analyst Conference.On gold, Harquail said that bull may see upside in the long-run. “I am confident that 5 years from now gold will be a lot higher than now,” he said. (show less)

Franco-Nevada, a miner traditionally focused on gold, has made a commitment to increase its oil and gas operations from its current 7% of revenues to 20%, said CEO David Harquail.“We think having some oil and gas actually makes our company stronger as a royalty company, and I think one of the benefits is that we’ve had the most dependable dividend in the business,” Harquail told Kitco News on the sidelines of the Gold Stock Analyst Conference.On gold, Harquail said ... (read more)

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