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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (2138)11/21/2005 10:06:32 PM
From: koan  Respond to of 78407
 
Correction: I meant limit downside risk while providing multiples of upside potential.



To: loantech who wrote (2138)11/21/2005 10:12:06 PM
From: tyc:>  Respond to of 78407
 
No ! Aem has been a one mine company; its Laronde mine in Abitibi Quebec. It is the largest Canadian gold mine and in the last quarter produced gold at a total cash cost (net of base metal credits) of something like $30 per oz. However its policy is to become a multi-mine company. It has already started building its second Canadian mine AND in addition to that Finnish property I mentioned it has another hot venture in Mexico optioned from Penoles.

It's all in this interview:


wallstreetreporter.com