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Re: gary_17368 post# 927

Thursday, 09/14/2006 11:00:20 AM

Thursday, September 14, 2006 11:00:20 AM

Post# of 5657
Sorry, I couldn't find the info. I searched RB old posts for 20 minutes for the info.

This was just posted over there, it is worth reading.

<<By: castortroy1231
14 Sep 2006, 06:44 AM EDT
Msg. 59728 of 59731
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Don't be upset with me just because the share price refuses to keep up with your fantastic rumors. If the investors here would cut the emotional umbilical cord and learn how to trade, you wouldn't take others obversations about a stock so personally.

NMCX is a stock. It's only a stock. Most here that bought into the NMC concept believe that they will make millions of dollars on a thousand dollar investment. This is obsurd.

Stop and think for a moment people. Here is a real gold producing company with real revenues and information.

Vancouver, British Columbia – September 11, 2006 – GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its ninth monthly dividend payment for 2006 of $0.015 per share. Shareholders of record at the close of business on Friday, September 22, 2006 will be entitled to receive payment of this dividend on Friday, September 29, 2006.

Goldcorp is one of the world’s lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas and Australia. Gold production in 2006 is expected to be approximately 1.8 million ounces on an annualized basis, at total cash cost of less than US$100 an ounce. In the second half of 2006, production is expected to be 950,000 ounces. The company does not hedge its gold production.
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Here is another press release that should put facts straight in your mind instead of living in the NMC Fantasy Camp.
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Goldcorp and Glamis Agree to US$21.3 Billion Combination Creating the World’s Premier Gold Mining Company
August 31, 2006

TORONTO, August 31, 2006 – Goldcorp Inc. (TSX: G, NYSE: GG) and Glamis Gold Ltd. (TSX: GLG, NYSE: GLG) announced today that they have agreed to combine in a US$21.3 billion transaction to create one of the world’s largest gold mining companies. The new company will continue under the name Goldcorp Inc.

Under the terms of the transaction, which is structured as a Plan of Arrangement, Glamis’ common shareholders will exchange each Glamis share for 1.69 common shares of Goldcorp, representing a value of US$51.49 per share based upon the closing price of Goldcorp on August 30, 2006. This represents a premium of 32.7% to the closing price of Glamis’ shares on the TSX on August 30, 2006 and 34.8% to the 20 day volume weighted average trading price of Glamis’ shares on the TSX.

The new Goldcorp will have the following attributes:

*
Best production growth profile among major gold companies;
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Proven and probable reserves of approximately 41.1 million gold ounces;
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Resource base of approximately 14.0 million gold ounces of measured and indicated resources plus inferred resources of approximately 30.9 million gold ounces;
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Lowest cost senior producer;
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Focused operations and growth projects in the Americas with approximately 11,000 employees;
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Strong balance sheet and robust cash flow to finance growth; and
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All gold reserves and production unhedged.

Ian Telfer, President and Chief Executive Officer of Goldcorp, said “The combination of Goldcorp and Glamis will create a world class low-cost gold producer in the Americas with industry-leading growth from an exciting portfolio of development projects. We believe that this transaction represents an excellent value proposition to our shareholders.”

Kevin McArthur, President and Chief Executive Officer of Glamis, added “This transaction merges the talents of the two top performing gold mining companies over the past five years. We will leverage this talent to deliver on a very exciting mine-building and growth program for the company’s long-term future. This transaction provides tremendous value to Glamis shareholders.”
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After reading this press release and knowing that NMC has claimed to have more PGM's on one single property called Skull Valley just doesn't make sense, does it.

It kind of makes you wonder why NMC, Inc., wasn't asked to become a partner in a deal like this. After all, NMC has stated that they have additional properties that make the Skull Valley property seem like vagabond alley.

11,000 employees, not 6!!! 11,000 workers!!!

Go to GoldCorp and see what a real company is doing in clear view of the public and not hiding behind the grey sheets.>>
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