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


To: SliderOnTheBlack who wrote (1064)8/3/2000 5:35:36 PM
From: isopatch  Respond to of 1612
 
Sly,

Sounds like a very sensible plan to me.

Nice to see you in the neighborhood. Cheers.

Iso



To: SliderOnTheBlack who wrote (1064)8/5/2000 5:59:04 PM
From: Roebear  Read Replies (2) | Respond to of 1612
 
Slider,
That buy in AEM came on a work day for me and I can only monitor here and there, so I missed it. There may be (probably even) another buying op in the near future, but the clock is ticking on the Blue Light Gold Stock Special at a WallStreet Mart near you, ggg.

I've been noticing the manipulation also, certainly with little AEM, the nasty brutes, ggg.

I have few worries at these price levels for AEM!

More later,

Roebear



To: SliderOnTheBlack who wrote (1064)8/7/2000 5:46:13 AM
From: The Ox  Respond to of 1612
 
Hi Slider (Roebear and all).

Your 18 year XAU chart (posted on SD) shows around Jan 98, the price trading bands that had more or less been in place have taken a turn for the worse. The chart looks like it's falling off the map at this stage. Am I correct that you believe now is the time to start loading up on gold mining stocks?

I personally think that it's still to early to make this call. I think that there are a few other factors that need to fall into place before this type of sector call can be made. My first and foremost indicator is the US dollar index. I think it's too strong at this stage to make a blanket sector call to buy gold mining stocks. I also believe it's too early to get exited about the gold miners move to reduce their forward hedging. I'm worried that we may be seeing more rhetoric than true progress at this stage.

However, looking at the current price of individual gold mining stocks, especially AEM, there is some merit in a call to start nibbling on a position at this level.

Michael