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To: onepath who wrote (4091)5/3/2008 10:19:17 PM
From: PaperPerson  Respond to of 23102
 
Yes, and in that same article pegging Goldcorp as a stock to ride he also indicates a high regard for the future of Agnico Eagle AEM.

Imagine if those warrants were still kicking!!! I want to pick the warrant on the next AEM.

"AEM has been a leader of the PM stocks since the first half of 2005 where it has run from about $10 to as high as $85. After annotating the chart, I must admit that the chart is quite interesting at this time, and I expect AEM to continue to lead on the upside. In the chart we can see a steeply angled “cup and handle” formation where the handle formed in 2006 between $40 and $45. In late 2007/ early 2008, the price broke out of the cup formation and ran to about $85. Then price corrected to hit support at the angled top of the cup formation, today. If this re-test is successful, then it is time to load up the truck. A run higher could be helped by a thinly traded area on the chart up to about $130."

gold-eagle.com

Other GoldRunner Articles linked here:

gold-eagle.com