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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 (910)6/6/2000 2:45:00 PM
From: Roebear  Respond to of 1612
 
Robert,
AEM continues to lead the herd, except for little TVX and perhaps some others to small for my screens, but the percentages are spare compared to the last two days.
AEM is showing some nice blocks so perhaps there is something to your buyout rumor.

I'd probably vote no, I'd like to see what AEM would go to on its own with 120 dollar cash cost and gold comfortably above 300, unless the suitor got darned generous.

With those big blocks going through, perhaps there is something to your buyout theory or perhaps the market is looking forward to the increase in production and drop in costs piggybacking on top of an increased gold price.

In any case, its comforting to see those big blocks sailing through while gold is knocking on an important door, 289 spot.

Best Regards,

Roebear



To: Robert J Mullenbach who wrote (910)6/6/2000 4:43:00 PM
From: jpthoma1  Read Replies (1) | Respond to of 1612
 
Hi everybody,

I don't think AGE will be the target of a take over, but AGE may buying Cambior's Doyon mine soon?

Cambior must sell other assets to be able to face some financial deadlines.

And these deadlines are coming soon!!

JP