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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

Comment by Consvestoron Apr 04, 2024 4:15pm
88 Views
Post# 35971254

RE:RE:RE:85$can is coming soon

RE:RE:RE:85$can is coming soonWhile there are many influences upon POG, even numbers isn't one of them

Respectfully, I disagree.  The gold market is always looking forward to that next big number.  Often it briefly overshoots it, but then gets slammed down quickly.

I will say that I do not recall a move like the past month in the previous 30 years that I have been following the gold market.  I keep expecting at least a short term correction, and it just hasn't happened.  Something is just telling me that now might be that time.

I agree that this is just the beginning of a longer term upwards move.  But a brief correction would be beneficial to the long term uptrend.

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