"Of course, many mining properties are very remote and it often means long rides on bad roads to reach them. Add the travel time to and from Mexico and you could spend four days to see a single project. Goldcorp Inc. (NYSE:GG; TSX:G) had a great way to go about it. They'd arrange a tour of three or four of their Mexican mines and charter private aircraft to make the trip efficient, send out invitations and fill up the planes with analysts. I saw an opportunity to adapt that model and visit several different companies' properties on a single trip. Hence, Due Diligence Tours."
    -   The Gold Report Interview with Trey Wasser (01/08/10)

"Just a quick follow up to yesterday's Morning Note on the Newmont/Fresnillo bid for Canplats. Obviously Canplats was much higher yesterday (a stock I own in my retirement account). We think Goldcorp will respond within the 5 day window with a bid for Canplats.

Canplats must be worth a lot more to GG than the Newmont/Fresnillo JV. . .The market seems very interested in all the players in this opera. Goldcorp, Canplats and Quaterra were all up significantly yesterday."
    -   Michael Berry, Morning Notes (12/24/09)

"Goldcorp has grown into a legacy stock. It's still making discoveries, some increasingly wonderful assets at Peñasquito now, plus Red Lake in Northern Ontario, Porcupine, Musselwhite and Los Filos and a number of others. Every time Goldcorp makes a discovery, it solidifies the base and tends to create value, even if it doesn't add quite as much as you'd get with an incubator stock making a discovery."
    -   The Gold Report Interview with Michael Berry (12/15/09)

"Last week, Goldcorp announced highlights from its successful $110 million 2009 exploration program, which highlighted potential at a number of key operations, including Red Lake, Penasquito, Porcupine, Musselwhite and Los Filos. Strong exploration results and several high-grade drill intercepts indicate the potential for reserve/resource additions at a number of key operations, which increased our 5%/peak NAVPS estimate by approximately 5%. Based on the tone of this release, we have increased our expectations of reserve additions at Red Lake (to 4 Moz grading 20 g/t from 1.6 Moz grading 17 g/t), Porcupine (+0.5 Moz), and Los Filos (+0.75 Moz) and increased the size of the Escobal resource by 35%. As a result, our 5%/$1,100 peak gold NAV (prior to this week when we raised our peak Au/Ag deck and adjusted our commodity prices) had increased by approximately 5% (largely on increased Red Lake assumptions) to $25.37 from $24.23. Our target price was revised to US$48.25 (from US$47.00) and reflected a multiple of 1.90x (previously 1.95x) to our revised 5%/$1,100 peak gold NAV. We maintained our HOLD rating based on relative valuation."
    -   Precious Metals Weekly (11/30/09)

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