Goldcorp Message Board - Msg: 17840307

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Gold/Mining/Energy : Goldcorp

GG 11.19

-2.0%

Apr 17 5:00 PM EST

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To: coug who wrote (32)	8/6/2002 2:15:51 AM
From: BEEF JERKEY	Read Replies (1) of 185

Personally I do think RMX has a great future ahead of it. They sure seem to have staked out some prime land in the Red Lake area - some pretty decent results so far too. It looks like they have the funds to do some serious exploration as well. No doubt the whole Red Lake Area has been under explored - Goldcorp showed that when they found the massive High Grade Zone. They just had to go a little deeper. DTN.V (CANDENTE) is also very interested in Newfoundland. I'm not sure if they are actively digging yet but they have high hopes for a property near where RMX is exploring. I suppose it still remains to be seen if that area will become a producer. FYI CANDENTE has some promising properties in Chile I believe. Still -I don't think any company has to go further a field than Red Lake if they are looking for Gold. Red Lake is da place to be! Goldcorp is getting thier gold for ~$60 US an once - by far the most cost effective in the world. As far as the juniors go it all depends on the POG. If the POG continues higher these juniors may act similarly to they way a lot small Internet Companies did a few years ago. During a gold bull an announcement about good results can double or triple a stock price quickly. If the POG languishes the juniors may languish too unless a really significant discovery is made. That's why I like Goldcorp so much though. They can increase profit by increasing production - the POG is secondary. And of course there is always the "Far East Zone" and perhaps a new mine shaft. I did upload my Rupert map here. Its probably accurate to +- 5% but I'm not gonna guarantee that! : members.shaw.ca

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