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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 (496)10/18/1999 10:06:00 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 1612
 
The last high was $410 and the latest low was $252 giving us a swing of $158. Now the rule of thunb says that this is to be added
to the last high giving a possible high of $568.

There are many other factors involved here that will predicate where it will actually go to and some such as Veneroso have
predicted a $600 POG, not very far off our $568.

What we will most probably see is a very rapid run up as the fallout from the massive, dare we see manipulation, come to pass.
Many gold mining companies have been advised over the past years to hedge and how they have done it led them into serious
trouble, both for the companies and the shareholders.

That would make all of AEM deposits profitable. they have a few in the drawing room,, that would be ready to give up their gold at that price.

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