AEM, Agnico Eagle update

See Febr. 7 and 17 blog. Here is big picture, very much like ABC but a lot more volatile;

aem jul 26 2012

Notice that over the past ten years or more this stock followed the pattern of ABX. We do not see the triangle as clearly but one could imagine one. In any case this stock is probable in wave 4 (which we anticipated back in Febr. of this year). By the way if you are still long the stock from $35 you may get a second chance to sell at about $45. On a proportional basis Agnico is well ahead of ABX having already lost 2/3 of its value which would be around $18 for ABX.