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 : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: UPTICK who wrote (927)	10/12/2003 1:15:25 AM
From: Wade	Read Replies (1) \| Respond to of 48092

Hi Uptick, The ticker symbol of Agnico in the US is AEM. It had a great run from 01 to 02, as you can see its stock price has been flat for over a year, which is more likely due to higher productions costs in terms of US dollar (or lower selling prices in terms of Canadian dollar) comparing to US mining companies. The main reason for the rally of POG (in US Dollar) is due to weak US dollar and dismal US economy. The following chart tells you the whole picture. finance.yahoo.com It is the disadvantage to hold it because of this reason. Of course other reasons apply to valuation as well. As I recall from other publication that AEM has been valued at very high gold price already. Personally, I do not expect to see big earning number. This is the way I see it. I hope others feel free to comment. Good luck. Sincerely, Wade