TICKER: G:TSX; GG:NYSE
Goldcorp is now the world's lowest-cost, million-ounce gold producer. The acquisition of Wheaton River Minerals Ltd. has increased gold production, gold reserves and resources and given the company one of the fastest growth curves in the industry. It has strengthened Goldcorp's already solid balance sheet and lowered production costs per ounce even further. Goldcorp is in excellent financial condition. It has no debt, a large treasury, strong cash flow and earnings and pays a dividend 12 times per year. Goldcorp is completely unhedged.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
The Gold Report Interview with David H. Smith
"Companies like Goldcorp Inc. know how to solve problems. . .[they] are realizing that they have a responsibility to help good exploration companies keep the doors open. If all these companies blow away, the feeder stream that nourishes the large mining companies is going to dry up. It's like the food chain."
The Gold Report Interview with Tobias Tretter
"The Guerrero region of Mexico hosts a very famous and very prospective gold belt. We will hear about a lot of new companies in the future from this belt. Goldcorp Inc. is already producing from the Los Filos mine in the Guerrero Gold Belt. Goldcorp has about 13 Moz gold there and is producing 330 Koz/year right now."
Alec Kodatsky, CIBC World Markets
"Goldcorp Inc. delivered Q1/13 operational results that were in line with our expectations in terms of both production and costs; we think this sets a good tone to the year and leaves the company on track to hit our 2013 production forecast of 2.6 Moz. . .the march towards 70% production growth by 2017 carries on. Goldcorp remains the only senior name in North America that expects production growth in 2013, has a comfortable degree of leverage and low political risk."
Barry Allan, Mackie Research Capital
"Goldcorp remains our Top Senior Pick with an attractive growth profile. Compared to the peer group, the company has low operating costs and a growth profile."
The Gold Report Interview with Merrill McHenry
"Goldcorp is the first go-to company because it has a fair amount of mill operations [in Mexico]. . . at Goldcorp's Los Filos, there are four, going on five, mines on that project. They are all clustered together."
Goldcorp Inc. Content
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