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$63.90 -4.02 (-5.92%)
7/23/2008 4:02 PM

AGNICO EAGLE MINES Ltd. (AEM)

CAPS Rating:
****

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Avatar thezerosumgame (< 20) Submitted: 2/11/08 8:31 PM : Outperform Start Price: $63.50 AEM Score: 5.59

Agnico-Eagle Mines, which has five new mines coming online in the next two years. They pay a small dividend every year. The company operates a very profitable mine in Québec, a safe place politically. Another mine is coming online in Québec in April. Kittila, in Finland, will be the largest mine in Europe when it comes online in September. The company is expecting production to grow 50% in 2008. It's hard to find gold companies with production growing that rapidly and with very low cash costs of about $200 an ounce. If gold prices go as high as I think they will, this could be an explosive stock. It's a Canadian company,

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Avatar TMFSinchiruna (95.41) Submitted: 2/20/08 7:59 PM

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You've done your homework. :) You're right on the money! AEM will be one of the best equities of the coming years, period!

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