Agnico Eagle Mines | Welcome To Jalisco, Mexico
Post# of 9903
By Dudley Pierce Baker
Founder/Editor, Common Stock Warrants
Normally the State of Jalisco in Mexico is synonymous with tequila, mariachis and beautiful women.
Of course mining for gold and silver in the State of Jalisco actually dates back to 1545 but to my knowledge, Agnico Eagle is the first major mining company soon to be operating in Jalisco.
I proudly call Jalisco home as I have been living in the Chapala-Guadalajara area for over 15 years and being on the fringe of the mining business with my websites and newsletter and I am happy to see Agnico Eagle Mines, NYSE:AEM and TSX:AEM coming into our area with their proposed buyout of Cayden Resources, TSXV: CYD.
AGNICO EAGLE TO ACQUIRE CAYDEN RESOURCES FOR C$205 MILLION
Shareholders of Cayden are on the short list of successful investors over the last 3 years in the resource sector but thanks to good management and good properties I must say congratulations to the team at Cayden for a job well done. Several analysts have covered Cayden and I recall Bob Moriarty of 321Gold.com in particular telling everyone that CYD would be bought out, so congrats to Bob as well for a great call.
Of particular significance to me is the location of the Cayden properties and whether other resource companies operating in the immediate area may soon also be in play.
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