Welcome to the San Gold HUB on AGORACOM

SGR - Experienced, agressive mine-builders and gold producers working in a stable, mining-friendly environment.

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

AGORACOM News Flash

AGORACOM CONFERENCE UPDATE

12 More Companies Added To Schedule For Dec 3 & 4. (See Schedule)
Keynote Speakers Include Peter Grandich, Eric Coffin (See Speakers)
Workshop Presentations Added To Thursday Schedule
Investors from over 45 Countries Have Visited
Conference Begins 2 Weeks From Today!

Looking forward to seeing all of you there gang. Registration is free for investors. AGORACOM Members register with just one click. Non-members takes less than 60 seconds. Register here (see form on right hand side)

Message: GoldCorp, Interview with the CEO... (Red Lake and Beyond...)

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

EricS

Rank: [?]

Treasurer

Points: [?]

321

Rating: [?]

Votes: 4 Score: 3.0

Currently 3.0/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

GoldCorp, Interview with the CEO... (Red Lake and Beyond...)

posted on Nov 07, 09 12:38AM

Found this article about our relatively close neighbor very interesting...

http://www.theglobeandmail.com/globe-investor/goldcorp-outlook-has-never-been-brighter-ceo/article1352737/

Interesting comments, points etc…

Ø “No other company can claim our combination of growth, low costs, financial strength and political stability.”

Ø Selling more gold at higher prices helped boost revenue by 25 per cent in the latest quarter

Ø Goldcorp's goal is to grow by 50 per cent within five years, most of it coming from the Penasquito mine in Mexico (not Canada~!)

Ø Goldcorp increased its 2009 production guidance to 2.4 million ounces, up from earlier guidance of 2.3 million ounces (though overall profits are lower – .16 cents/share this last quarter compared to .42 last year). This was from 621,000 ounces this past quarter versus 557,400 last year.

Ø Total cash costs for 2009 are expected to be about $300 per ounce of gold on a by-product basis compared with earlier guidance of $365 per ounce.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »