Cayden Resources (fka CYD)

[Sam Dan]

This published report may mute hopes for a bid from Goldcorp. but this was before AEM bid for CYD
'The Financial Post reports in its Saturday, Sept. 6, edition that Goldcorp chief executive officer Charles Jeannes is not fretting over lower gold prices this year. The Post's John Shmuel writes that Mr. Jeannes says: "We're a low cost producer and we've done most of the investing we need to to secure our future. ... If we see gold go down to $900 -- which I don't think we will -- we'd look for opportunities. Things come for sale at that price." In January, Goldcorp launched a failing bid to buy Osisko Mining. Mr. Jeannes says despite the failed bid, he is not rushing to look for another large acquisition in its place. Mr. Jeannes says Osisko "was an opportunity we wanted to take advantage of and it didn't work. So we're just back to our normal work."