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Gold/Mining/Energy : GOLDCORP (G.A) & CSA.A
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To: Just G who wrote (27)10/30/1999 6:10:00 PM
From: baystock   of 89
 
This company has a market cap of US$450 million and had only 100,000 oz of gold production in '98. So it is trading at 15 times gold sales. Not exactly cheap. Even if you factor in the addition 250,000 oz of gold from their new mine, that is still 4x sales. Am I missing something or is this company grossly overvalued ?
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