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


To: Roebear who wrote (1036)7/24/2000 9:10:50 PM
From: Robert J Mullenbach  Read Replies (2) | Respond to of 1612
 
Stick with the good stuff,

AEM, HM, ASA, CDE, looking into KRY

goldminingoutlook.com

ASA, a closed-end mutual fund of gold mining
shares concentrated primarily in South African holdings, sold at a 22.2% discount to its net asset value as of
Friday's close, an all-time record. Meanwhile, silver has traced an important bottoming formation in preparation for
what is likely to be a sudden upward surge in price.



To: Roebear who wrote (1036)7/25/2000 7:42:58 PM
From: Yogizuna  Read Replies (1) | Respond to of 1612
 
Wow, the 52 week high on the XAU was 92.72, and the low: 0.73 according to the SI quote! Now I know the price of gold stocks has been tanking, but 0.73? I'll buy a million boatloads at that price!!! <g>
The previous oversold reading on the XAU daily chart produced no rally, so down we went again..... The hourly chart is now trying to set up a "positive divergence" situation, which would finally signal some type of tradeable bottom. At this point, almost everyone in America has given up on gold stocks and has sold out or wants to, and even I am getting depressed about the situation and just feel like dumping everything we own, so a bottom should be on the way..... Yogi