Home › Download › AEM (AEM $54.93 rated Underweight cut from Neutral with $40 up from $37 price target) NPV/SHARE INCREASES BY $2.45 DUE TO LOWER LONG TERM OPERATING COSTS AT MEADOWBANK AND LARONDE; SHARE PRICE APPRECIATION > TWICE ESTIMATED NPV/SHARE CAUSES DOWNGRADE. 11/6/2012

AEM (AEM $54.93 rated Underweight cut from Neutral with $40 up from $37 price target) NPV/SHARE INCREASES BY $2.45 DUE TO LOWER LONG TERM OPERATING COSTS AT MEADOWBANK AND LARONDE; SHARE PRICE APPRECIATION > TWICE ESTIMATED NPV/SHARE CAUSES DOWNGRADE. 11/6/2012

AEM (AEM $54.93 rated Underweight cut from Neutral with $40 up from $37 price
target) NPV/SHARE INCREASES BY $2.45 DUE TO LOWER LONG TERM
OPERATING COSTS AT MEADOWBANK AND LARONDE; SHARE PRICE
APPRECIATION > TWICE ESTIMATED NPV/SHARE CAUSES DOWNGRADE. 11/6/2012