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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)
AEM 191.19+2.5%Jan 9 9:30 AM EST

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To: Robert J Mullenbach who wrote (446)10/6/1999 9:15:00 AM
From: Robert J Mullenbach  Read Replies (3) of 1612
 
Hot topic today is forward sales, AEM has never,

agnico-eagle.com
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We are in the truly fortunate position of not having to rely on higher gold prices to generate
returns and create value, as all of the components that make a quality gold company are in
place:

Growing reserves and production with excellent exploration potential;
Low-cost operations with sharply declining production costs;
Strong financial position with good access to additional capital;
Experienced, proven management and a committed work force; and
Excellent leverage to rising gold prices, as none of our future gold production has been
sold forward

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The founder, Paul Penna ,learned his lesson the hard way .

He sent stockholders a book , Silver Threads Among the Gold.

you can see what he went thru.

happy buying.
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