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


To: isopatch who wrote (1101)8/21/2000 12:15:01 PM
From: The Ox  Respond to of 1612
 
Great reading. Thanks for the link, iso. You have to like his 2 cents worth on AEM.

It's a sad state the gold industry is in right now and Schultz's commentary on what's going on seems to confirm much of my own viewpoint on the subject.



To: isopatch who wrote (1101)8/22/2000 2:20:15 AM
From: Robert J Mullenbach  Read Replies (2) | Respond to of 1612
 
Lets all turn to page 244, Panics and Crashes, Written,

BY Harry D Schultz,

11. Eagle Gold Mines Ltd. this is a good risk, it now stands at 3, if gold gets to 48, production should start.
when gold is 70 stock could rise to 12.
This is where I found out about AEM,
For the good old days. !!

this is ONE HELL OF A BUY, any way you look at it.

XXXXXXXXXX

It was good news to hear Agnico Eagle named its new mega- size, ore-rich
LaRonde's Shaft as The Paul Penna Shaft. This was announced at AE's
annual meeting, which won rousing applause. CEO Sean Boyd said AE
production will jump in 4th qtr & costs will drop sharply, perhaps lowest in
world. AE doesn't hedge, urges others to do same! I asked SB re rumours of
a takeover. Told me: "We don't need their money or tech advice. We would
rather grow AE than sell out. If someone tries something hostile, we're ready
to fight. We aim to create value for shareholders, & make it an expensive
stock." 3 cheers