AGNICO EAGLE MINES Ltd. (AEM)

lilpeanut (< 20) Submitted: 3/12/08 5:50 PM : Start Price: $74.99 AEM Score: -17.56

What would you say if your cost of doing business was actually a profit center??? This company actually makes more money on the secondary metals from its gold operations than it costs to mine the gold. Boy I wish my garbage was worth as much as thiers. Gold is going to $1500. Make no mistake. The looming market destruction of the Democrats is going to far outpace anything that the current administration can do to fix the dollar. If they can't tax it they will print more. Either way is good for gold. Also, this company is extreemly well run and is getting into other metals like uranium which hooks them to the energy crisis. This is a great long term play. I would take a few quarters off when gold eventually drops in a few years and then get back in.

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