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Agnico Eagle Mines Ltd T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It 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, Hope Bay/ Oro, 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 Stratocheifon Apr 11, 2023 7:07am
106 Views
Post# 35387949

RE:RE:Technical Analysis

RE:RE:Technical Analysis
E30S14 wrote: A pullback for AEM at some point is to be expected. But this one is a keeper. AEM has helped me maintain my sanity, while many of the juniors I've sunk money into continue to feces the bed.


That's the dilemma investors face. Go with the seniors, have more stability but gains limited to a double or so. Go with the juniors and you can hit a 10 bagger or more. But with a junior you are out on a limb no doubt. I learned that lesson well over many years but most painfully during the covid crisis. I had invested in a number of junior oil producers. I had 5 of them go bankrupt and I lost it all. 

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