Goldcorp is a funny animal. I agree with size and growth side but what has really bugged me is Casey Research. Goldcorp is nowhere on their best of lists at all.

From an issue two months ago. Either Casey and Goldcorp do not like each other or there is background issues. I even asked "why" and received no reply. Whatever we hold it.

Higher Gold = Much Higher Earnings

First, take a look at how a rising gold price impacted company earnings compared to the prior year.

ARGP – Average realized gold price
*Lihir – 2nd half earnings; the company does not report quarterly profits
-Royal Gold: Q408 excludes one-time $31.5 million gain from Cortez restructuring
-Minefinders excluded as they were not in commercial production in Q408
-Eldorado and Jinshan have not yet filed Q409 reports
-Yamana’s Q408 earnings exclude non-cash write-offs such as derivatives, foreign exchange, etc.