Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

*** Gold related post (GG) ***

Impressive report from GG and I am especially encouraged to see them accumulating treasury gold at an accelerated pace after last year's sell off. While I am still below ownership levels of last year, I continue to add on dips and dips have been plentiful recently <gg>.
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Hi ml,
While not owning any GG, I do have plenty of GUY.TO in my folio
and like that McEwen likes it too......... <VBG>


Goldcorp Invests in Guyana Goldfields Inc.
Thursday June 24, 3:32 pm ET

TORONTO--(BUSINESS WIRE)--June 24, 2004--GOLDCORP INC. (NYSE:GG - News; TSX:G - News) announces today that it has purchased (as part of a brokered private placement) 700,000 units of Guyana Goldfields Inc. (TSX:GUY - News; "Guyana") at a price of CDN$1.50 per unit. Each unit consists of one common share and one-half of one common share purchase warrant providing the right to purchase one common share at a price of CDN$2.00 per share for a period of eighteen (18) months (this exercise period could be reduced in certain circumstances).
Upon closing of this transaction Goldcorp will own 8.77% of the outstanding shares of Guyana. Assuming Goldcorp exercises all of its warrants the Company will own 11.56% of Guyana on a partially diluted basis. These units were purchased for investment purposes.

http://biz.yahoo.com/bw/040624/245546_1.html
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Goldcorp Purchases More Units in BioteQ Environmental Technologies Inc.
Thursday June 24, 3:43 pm ET

TORONTO--(BUSINESS WIRE)--June 24, 2004--GOLDCORP INC. (NYSE:GG - News; TSX:G - News) announces today that it has purchased an additional 875,000 units of BioteQ Environmental Technologies Inc. ("BQE:TSX") ("BioteQ"). Each unit consists of one common share and one-half of one share purchase warrant. Goldcorp currently holds 2,875,000 common shares and 2,437,500 warrants of BioteQ. Each warrant entitles the holder to purchase one additional common share of BioteQ at a price of Cdn$1.15 per warrant during the first year and Cdn$1.25 per warrant during the second year.
Goldcorp now owns 15.72% of the outstanding common shares of BioteQ on a partially diluted basis. These shares were purchased for investment purposes.

http://biz.yahoo.com/bw/040624/245553_1.html