Lets all turn to page 244, Panics and Crashes, Written,
BY Harry D Schultz,
11. Eagle Gold Mines Ltd. this is a good risk, it now stands at 3, if gold gets to 48, production should start. when gold is 70 stock could rise to 12. This is where I found out about AEM, For the good old days. !!
this is ONE HELL OF A BUY, any way you look at it.
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It was good news to hear Agnico Eagle named its new mega- size, ore-rich LaRonde's Shaft as The Paul Penna Shaft. This was announced at AE's annual meeting, which won rousing applause. CEO Sean Boyd said AE production will jump in 4th qtr & costs will drop sharply, perhaps lowest in world. AE doesn't hedge, urges others to do same! I asked SB re rumours of a takeover. Told me: "We don't need their money or tech advice. We would rather grow AE than sell out. If someone tries something hostile, we're ready to fight. We aim to create value for shareholders, & make it an expensive stock." 3 cheers |