Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) Message Board

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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)

AEM 160.04

+0.9%

Nov 21 9:30 AM EST

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To: The Ox who wrote (1128)	9/14/2000 12:27:28 AM
From: Roebear	Read Replies (1) of 1612

Michael, Good read on the chart. AEM is acting well the last week or so and especially as it is outdoing the XAU. This current level, 6 1/16-1/8, has some old gap resistance, old support and a failed previous breakout attempt (late July). This ample resistance, along with your trend lines, may slow AEM up enough for me to pick up a few more 50K blocks (couldn't hide my tracks, you got me Robert). LOL, I wish! This same area will provide a good support level when (not if) it is breached. Throw in even a modest 25 buck gold price increase, sometime this fall/winter and AEM has a shot at breaching 52wk highs in 1Q. IMHO, of course. Best Regards, Roebear

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