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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (397)9/23/1999 3:29:00 PM
From: ahhaha  Read Replies (2) | Respond to of 1612
 
Apparently, Alex Brown's analyst doesn't agree and said, "Sees near term production weakness; stock among lowest gearing to price of gold". I don't know what "gearing" means, but if it means leverage, this analyst is at odds with the market. The stock moves with the other juniors relative to the POG, but in this category and consideration it is supreme. There is no better medium risk gold leverage. This could change, but that is what is happening now.

The company, as represented in the latest detailed releases of progress reports, tends to agree that there will be some sagging in top line. This has to be in the stock price. Given the economies of production scale that will be coming, the sagging most likely will be brief. This isn't the issue. Neither is the POC or POZ. The issue is the POG.