Research Pit

[Mr. Zen]

Jagman.. GG is one of the better gold stocks in my opinion, they give a dividend and hold massive gold in house and do not hedge. The only downside I have ever heard about GoldCorp is that they only have one shaft at their Red Lake reserve and it may slow down excavation of product... but this is just a small bottleneck in their entire operation.. I have noticed that alot of gold exploration companies have been issuing releases lately, wheither it is reserve verification time or what I do not know. Tier 2 companies or actual mining companies may provide a better investment right now as gold exploration companies (tier 1 ) take about 2 years to come to market. One gold/copper stock that will come on line within a 2 year time frame is Northern Dynasty, but that is a long term hold on the largest gold find in North America and a 20 year mine life. Still cheap but should remain flat for another year.
Also watch for increases in silver, my eye is on molybdenum, although the one company I hold stock with in that arena is about 1 year out, but then the stock is .08 right now so I can afford to hold for a year.