Goldcorp Inc., NYSE: GG ~ TSX: G ~
Goldcorp is one of the world's fastest growing senior gold producers, with operations and development projects located in safe jurisdictions throughout the Americas.
A Canadian company headquartered in Vancouver, British Columbia, Goldcorp employs more than 12,000 people worldwide.
The Company is committed to responsible mining practices and is well positioned to deliver sustained, industry-leading growth
To achieve its goals, Goldcorp remains focused on five key attributes: growth; low cash costs; maintaining a strong balance sheet; operating in regions with low political risk; and conducting business in a responsible manner.
Goldcorp's operating assets include five mines in Canada and the U.S., three mines in Mexico, and two in Central and South America. Goldcorp also has a solid pipeline of projects, including the Cerro Negro project in Argentina, the Éléonore gold project in Québec, Canada, the Cochenour project in Ontario, Canada, the El Morro project (70% interest) in Chile and
the Pueblo Viejo project (40% interest) in the Dominican Republic.
These valuable assets, along with several others, will allow for significant growth in production for years to come.Mines & Projects
Mines & Projects
Goldcorp is one of the world's fastest growing senior gold producers.
Its low-cost gold production is located in safe jurisdictions
in the Americas and remains 100% unhedged.
Goldcorp shares are traded on the Toronto (TSX:G) and New York (NYSE:GG) stock exchanges.
Click here to view our operations http://www.goldcorp.com/Unrivalled-Assets/Mines-and-Projects/default.aspx http://www.goldcorp.com/operations/
Goldcorp is a leading gold producer engaged in gold mining and related activities including exploration, extraction, processing and reclamation.
The Company's main assets are comprised of 11 operations and 6 development projects throughout the Americas.
Over 70% of Goldcorp's reserves are situated in NAFTA countries.
Goldcorp is one of the world's largest gold mining companies and in 2006 the Company doubled its reserves and resources from 5 million
to 10 million ounces through the acquisition of assets from Barrick (Placer Dome) and Glamis Gold Ltd.
Gold production is forecast to increase by over 50% in the next five years.
Goldccorp Since 1910, over 19.5 million ounces of gold
have been recovered from the Hollinger Mine -
while about 10.8 million ounces were recovered from
the McIntyre Mine -
along with 67,000 tons of copper....
Suite 3400-666 Burrard Street
Vancouver, BC V6C 2X8
(604) 696-3000 begin_of_the_skype_highlighting (604) 696-3000 end_of_the_skype_highlighting
(604) 696-3001 begin_of_the_skype_highlighting (604) 696-3001 end_of_the_skype_highlighting
Goldcorp GG in yellow Daily Chart 10 year compared to Barrick Gold ABX in black and Newmont NEM in blue -
Goldcorp dividends -
www.ivarkreuger.com/metalcharts.htm http://www.youtube.com/watch?v=y6QRGhGWQ4U&feature=fvwrel http://www.youtube.com/watch?v=u2HPF2qP0Ss&feature=related
The super red banksters cults -
Rothschilds World Part 1 "Glen, Rush, Michael...Here's to you boy's"
Daily One-Year Charts
The Red Lake Gold Mine is composed of two operating complexes: the Red Lake Complex and the Campbell Complex. Red Lake Gold mine is Canada's largest gold mine, and in 2007 produced 700,600 ounces. It is also one of the world's richest gold mines and lowest cost producers. The Campbell Complex has been in continuous operations since 1949, producing over 11 million ounces.
Weekly Five-Year Charts
Gold $2,400.- per ounce - 500years ago - add inflation - it is a long hike back UP to fair market value - compare to any fiat paper -
GG Goldcorp Split Time Overdue - with Robert McEvans we would
get two new share for each one held -
got it twice before - more easy for investors to
buy a $10-20/sh to get a board lot than to
buy above $40/sh -
shareholders should suggest it again to the
new management - get a split going -
don't mind to get 3 new for each share held
get new shares again - in no time they will
fly to 40 again and it be time for new shares again -
again - again - it a smart move - it works
very positive each time -
I been in since Dickinson time -
good moves Robert did - it worked all
the way and GG used to to be the top mover of NYSE
get the split going
Three realistic Gold targets: $6,000 - $7,000 - $10,000:
- In the 1971 to 1980 gold cycle, gold went from $35 per ounce to $850 or up over 24 times. If we were to see the same increase in this cycle, gold would rise to over $6,000.
- The gold peak at $850 in 1980 corresponds to over $7,000 today adjusted for real inflation based on the inflation rate as calculated by John William's Government Shadow Statistics (shadowstats.com)
- Gold and gold mining shares were an average of around 25% of world financial asset between 1921 and 1981. Today, gold and mining shares are only 0.9% of world financial assets. If gold and mining shares were to go to 25% of financial assets, gold would go to over $31,000. But even if we assume that world financial asset would go down by 2/3rds from here that would put gold at over $10,000.
The three historical comparisons above (and see chart below) would put gold anywhere from $6,000 to $10,000 and this is without inflation, or more likely hyperinflation. In a hyperinflationary environment, the price gold will go to is really irrelevant since it depends on how much money is printed. In the Weimar Republic for example gold went to DM 100 trillion. What is more important is that gold is likely to go up at least 5 times from today without inflation and with hyperinflation gold will protect investors against the total destruction of paper money and many other assets.
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