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Bullboard - Stock Discussion Forum Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India... see more

TSX:AEM - Post Discussion

Agnico Eagle Mines Ltd (Ontario) > I sure the bottom has to be close
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Post by Tomkins on Jun 30, 2022 10:19am

I sure the bottom has to be close

When the stock price is being forced down, yet the price of the commodity is not and the dollar is dropping. I am thinking the price is near a bottom. It has jhappened in the past when logic does not have a meaning there has to be a reason.
Comment by metalhead666 on Jun 30, 2022 1:56pm
Everything with a ticker symbol is getting sold. The big culprit is the ETFs like GDX and GDXJ....they just sell the whole basket without regard for the solid companies in those indexes....same when they sell the SPY or other ETFs that the big miners are part of.  The tide will turn...always does...gold will be the last man standing and the masses will scramble to buy at any price as they ...more  
Comment by goldstd69 on Jul 01, 2022 12:05am
exactly why these etfs are a disaster for investers
Comment by metalhead666 on Jul 01, 2022 6:32pm
Going to be a huge disaster when panic really sets in and they all hit the red button at the same time