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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: FuzzFace who wrote (42246)	10/6/1999 9:06:00 AM
From: Robert J Mullenbach	Respond to of 116790

Agnico-Eagle,( AEM:NY )For second, agnico-eagle.com 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. A low gold price environment can be a time of opportunity for those gold companies with the desire and ability to grow. Our experience over the years has taught us to build when gold prices are low so that we are well positioned to take advantage of higher gold prices. Our former President, Paul Penna, was a great proponent of this strategy and, as a result, his vision of the LaRonde Mine as a world-class gold deposit is now being realized. XXXXXXXXXXXXXXXXXXXXX I have been an investor in this company from 1970, Have never lost on this stock yet, always buy in at 3,4 or 5 range, then sit tight. last time I sold it was at 15. If AEM goes below 9 today, and closes below 9 today, I would be very surprised. Happy buying and holding in a gold boom. you can post on thread at, Subject 17654