Agnico-Eagle Mines
AEM-T
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About Agnico-Eagle Mines (AEM-T)
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He confesses that gold is an enigma to him. Gold has now awoken from its slumber. Its producers have underperformed since 2011. He's exposed cautiously through FNV-T, though he would be comfortable owning AEM. Good managers with assets around the world and wisely acquire other companies. Their assets are in safe countries, not banana republics, which is a problem for some gold producers.
(A Top Pick Oct 30/18, Up 11%) This become self-sufficient by 2021 and won't need to raise money for their future projects. A rare company in this space that's raising their dividend. Good management.
(A Top Pick Oct 30/18, Up 11%) This become self-sufficient by 2021 and won't need to raise money for their future projects. A rare company in this space that's raising their dividend. Good management.
As gold is out of favour, he loves this from a contrarian view. It is the best gold company with a great growth prospect up North. Gold will come back in favour at some point. When the US dollar weakens, gold will benefit. Yield 1.3%. (Analysts’ price target is $65.64)
As gold is out of favour, he loves this from a contrarian view. It is the best gold company with a great growth prospect up North. Gold will come back in favour at some point. When the US dollar weakens, gold will benefit. Yield 1.3%. (Analysts’ price target is $65.64)
Gold is an enigma--sometimes is a currency or a hedge against inflation or something else. What's holding back gold now is that it's the inverse of the U.S. dollar--which has been strong this year. Producers like Agnico have operating leverage--when gold prices rise, their prices and earnings will rise disproportionately more than the commodity. Agnico has several mines operating well. It's a good house in a bad neighbourhood.
Gold is an enigma--sometimes is a currency or a hedge against inflation or something else. What's holding back gold now is that it's the inverse of the U.S. dollar--which has been strong this year. Producers like Agnico have operating leverage--when gold prices rise, their prices and earnings will rise disproportionately more than the commodity. Agnico has several mines operating well. It's a good house in a bad neighbourhood.
(A Top Pick August 28/17 - Up 5%) Covered call selling JAN 60 calls. They were called away.
(A Top Pick August 28/17 - Up 5%) Covered call selling JAN 60 calls. They were called away.
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He confesses that gold is an enigma to him. Gold has now awoken from its slumber. Its producers have underperformed since 2011. He's exposed cautiously through FNV-T, though he would be comfortable owning AEM. Good managers with assets around the world and wisely acquire other companies. Their assets are in safe countries, not banana republics, which is a problem for some gold producers.