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 196.73

+3.9%

3:59 PM EST

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To: Robert J Mullenbach who wrote (1257)	11/20/2000 11:32:58 PM
From: Robert J Mullenbach	Read Replies (1) of 1612

Somebody must have read this report early, "Sources tell us that the Saudis are buying 100 ounce gold bars for the first time in years. Newly mined gold bars that typically weigh 1000 ounces are gradually becoming harder to come by. Newcrest, Glamis, Homestake, Dayton, and Kinross have all announced premature mine closures in the past six months that total around 700,000 ounces (22 tonnes) of annual production. These closures will take effect over the next six to twelve months." it's about time they started buying,

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