What's the source of your calculation that FNV is up 6 fold?
Coeur entered into the royalty transaction at the end of January 2009. On Feb 1, 2009, CDE was trading at $7.00 (split adjusted) and FNV (was FNVVF a the time) was trading at $19.93. Today CDE is at $24, while FNV is at $60. CDE is up 224%, while FNV is up 201%.
There's no question that the transaction has worked out very favorably for Franco Nevada. But there's no 6 fold increase. And as can be seen from the numbers in the preceding paragraph, CDE has outperformed FNV since the inception of the transaction.
Next time, you and friend greasefryer15 need to do your homework before you post.
Thanks Rocky_ Trying to figure out where these guys got their goofy numbers, I looked at the charts in my scottrade account. My calculations came out close to what you posted. ST put F/N at $19.64 on Feb. 02, 09, Up now by a factor of 3.05X compared to today's price. Coeur on that date was trading at $7.00, up now by a factor of 3.45X compared to today's price. The charts of course correct for the reverse split. Maybe they just THINK Franco should be selling for $118.00 per share ($19.64 x 6). That would be fine with me as I took your advise and bought a few shares of Franco a while back.