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

AGNICO EAGLE MINES Ltd. (AEM)

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Avatar doonagoggle (75.60) Submitted: 3/31/07 11:53 AM : Outperform Start Price: $35.24 AEM Score: 91.12

Gold has been artifically undervalued, and is in the midst of a multi-year correction up to (I estimate) around $1200/oz. As this happens, the rising tide will elevate *all* reasonably-managed gold stocks. Don't believe me? - check out the price of gold vs. the US dollar index since 2001. AEM is particularly attractive since most of its mines are located in politically-stable Canada.

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Avatar TMFSinchiruna (95.41) Submitted: 1/02/08 4:30 PM

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You're on the money doonagoggle... except I think you're underestimating how high gold can go before this run is over. I see $2,000 as a given over the coming 2-3 years.

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