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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 (1104)8/27/2000 9:43:00 PM
From: isopatch  Read Replies (1) | Respond to of 1612
 
Very true. The Russian economy is a "bomb crater"!

It's hard for us to even imagine what it must be like for ordinary people living there.

It does look like the latest news about the massive Caspian oil reserves is that odds have shifted in favor of the principal pipeline route going through Russia instead of the SW into Turkey as the US had favored. The Clinton admin seems to have recently accepted the inevitability of the Russian route. This could be an important source of hard currency revenue for the country. But the question is, as always, how much will get beyond the Swiss accounts of corrupt Russian officials?

In any case, I've no plans to sell any of my AEM. Expect a nice move to begin as we move into the 4th qtr.

Isopatch