Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Roebear who wrote (1417)	6/16/2001 12:02:22 PM
From: Robert J Mullenbach	Respond to of 1612

Roebear, I look at it like this, They are getting over 100 Mil, if you think about it, Company has no loan with interest, not a bad deal , IMO. any way, if this happens, you can forget about the rest, AEM will like like a internut Stock. XXXXXXXXXXXXXXXXXXXXXXXXXXXX Le Metropole Members, Adam Hamilton has served commentary at The Kiki Table entitled, "R.I.P. Gold Carry Trade." "Of all the culprits responsible for the bombing of the gold price over the last seven years, the gold carry trade maintains its prominence as one of the primary gold-suppressive developments. The gold carry trade has had the effect of creating a ready outlet for central bankers desiring to lease their gold which enabled the flooding of the physical gold market with marginal gold supply, driving down gold prices." "Congratulations, as you have just successfully entered into a carry trade! You borrowed $1m at 1%, and you invested the proceeds in what is widely considered the safest short-term investment in the world, that was paying 6%. After one year, your T-bills will have earned you 6% of $1m, or $60,000 in interest, plus you would receive your $1m in principal back. So, at the end of the year, you collect your cash from the US government, pay back your friends the $1m loan plus the 1% interest of $10,000, and you can pocket a hefty profit of 5% of $1m, $50,000. $50k for doing absolutely nothing?!? Not bad work if you can get it, eh?" Once again, another superb HAMILTON. If I might say - the information you are getting from the Cafe commentators is among the most important investment information you will ever receive in your life. The reason I say that is that gold is going to blow sky high to north of $600 per ounce. What most never happens is that the public investor is not told WHAT IS GOING TO HAPPEN AND WHY IN ADVANCE. Usually, that is for the "in crowd" to know and take advantage of. This time all of US have a chance to take advantage of SOME of them. I will deal with this a bit tomorrrow in a Midas, but it is VERY CLEAR that the gold market is going to explode. FORTUNES ARE GOING TO BE MADE BY THOSE WHO PAY ATTENTION and do their homework. I have been fortunate to ride 3 big commodity moves in my lifetime. The first was in pork bellies. The second was in feeder cattle, cattle and hogs. The biggie was in copper. In the 1987 copper move, I took a small amount of money and took it to $27 million by year's end, riding it from 58 cents per pound to $1.46 per pound. Scrap metal came out of the woodworks by that year's end, the clever trade shorts knew I was trapped and that all my clients were exposed. They then trashed the copper price 50 cents very quickly. Not to get into nightmarish details, but I got decimated. Then, copper went right back up again to $1.46 per pound once they got me, and my buddies out. "Revenge of the Nerds" time. There are things I cannot disclose, but GATA's efforts are scoring at the highest levels of the U.S. Government. The gold fraud is going to end. The price of gold is going to go bonkers to the upsides and the GOLD TRADE SHORTS are going to be eviscerated. Emotionalism is worth nothing. For that reason I am going to leave Frank Veneroso's gold supply/demand analysis up at the Dos Passos Table for the near future. I strongly suggest you send it to the smartest analyst you know and ask him to tear it apart. So far, NO ONE in the gold world has come up with one specific criticism of what Frank has presented. NOT ONE. What is mind boggling about all of this is that Frank has said publicly that gold must clear $600 per ounce to BEGIN to solve the natural gold demand/supply problem. $272 to $600. Quality junior gold shares are right now priced at bankruptcy prices. They are going to explode 20 to 100 times in price. You may never see an opportunity like this for the rest of your life. That is why I urge you to pay close attention to what is presented at The Cafe. That is why I urge you to spread the word to your friends NOW about what is publicly available to them. If they want to make up for the tech mess, GOLD SHARES ARE THE WAY TO DO IT. But, they must check out what we have to say NOW; they cannot wait to investigate what The CAFE camp has to say when "the cat has left the bag." Urge them to "see the light" with a clear head. When gold does its thing towards $600 plus, there will be a zillion gold proponents. That will be wonderful. But, the BIG MONEY to be made FAST is on the table RIGHT NOW for CAFE members and their friends for the taking. Last time. TECH losers who want to make their money back. Sell out, and buy quality junior gold companies. BILL MURPHY

To: Roebear who wrote (1417)	6/18/2001 8:58:16 AM
From: Robert J Mullenbach	Read Replies (1) \| Respond to of 1612

Canada's *Goldcorp Inc. has achieved the full-year production target at its new Red Lake mine in less than six months, producing 240,000 ounces of gold at a cash cost of US$57 an ounce up to June 8.... XXXXXXXXXXXXXX going to take a position with Goldcorp, like the Red lake mine, used to own a few thousand of Campbell Red Lake, I sure loved that one. XXXXXXXXXXXX Sounds like there was no problem with New AEM stock, "I have been on the phone this morning with AEM - discussed their successful secondary equity offering and the company's ANTI-HEDGE policy." XXXXXXXX All have a nice trading week.