Global Resources Fund, a mutual fund based in Texas, is known for having large stakes in the company.

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Evan Smith, co-manager of the Global Resources Fund (PSPFX), discussed the effect on WTI oil prices with Yahoo the week the deal was announced.

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We like the combination of income with growth and it is an important factor in our stock selection process for the Global Resources Fund, as well as our other equity funds.

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Then, too, the story has passed from the gold gurus like Frank Giustra, and the central banks of China, India and Russia, among others, to the hedge fund giants like George Soros and John Paulson, among others, to mutual fund groups like US Global Resources to pension funds, wealthy families.

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Richard pointed out one gold mutual fund he likes, Gabelli Global Gold Natural Resources and Income Trust ( GGN) in part because it has a very healthy dividend yield, 8%.

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