Chris Mayer: This is ‘easily’ my favorite gold stock today

From Chris Mayer, Chief Analyst, Bonner & Partners:

People often ask me for my favorite gold stock.

That’s easy. It’s not even close! In fact, this stock should be a core holding for anyone who wants some exposure to the yellow metal.

On Wednesday, I was at Grant’s Spring Investment Conference in Manhattan. It’s a semi-annual gathering of gold bugs and bearishly-inclined investors.

One of the speakers was Pierre Lassonde, the chairman and co-founder of Franco-Nevada (FNV), a gold royalty business. The title of his talk was “Gold: The Investment You Never Knew.” It was a standard pitch on gold. With a predictable conclusion: Lassonde is bullish on the metal.

But he was silent about the elephant in the room… the attractiveness of Franco-Nevada itself.

Lassonde, 68, is a legendary character in gold circles, thanks to the freakishly high performance of Franco-Nevada’s stock.

From its inception in 1982 to its…

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