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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, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.


TSX:AEM - Post by User

Post by Paray99on Mar 12, 2024 8:41am
1589 Views
Post# 35928056

Low same price Bid/ask before Canadian market opens

Low same price Bid/ask before Canadian market opens

With bid/ask at same price before the market open, that too with large quantity in both bid and ask, on many gold stocks, shorts trying to fool some sensitive sellers.... This phenomena is seen with SEA, ABX, AEM, NGD, and almost on all other ones too. This happens only in the Canadian market, where the bid and ask shows same low price.... 
This price will go up automatically seconds before the market opening. 

This tells me that many shorts are desperate to cover their short position. Yesterday's volume is also telling us that. Shorts are already panic.

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