Maybe when this site is online we can figure out what Goldcorp owns:
System for Electronic Disclosure by Insiders
sedi.ca
I found out Goldcorp owns a 47% stake in Lexam Explorations (oil&gas)
they acquired as a result of debt settlement. McEwen in on Lexam board.
"On June 29, 2001, subsequent to receiving shareholder and regulatory approval, the Company issued 16,164,970 shares at $0.10 per share to be used in the settlement of outstanding payables and other liabilities. Goldcorp received 11,734,264 shares of Lexam in exchange for settlement of $1,173,426 in payables, which included the demand loan and accrued interest totaling $1,070,337. Goldcorp's equity interest in Lexam, upon receiving shares for debt, increased from 31% to 47%. " |
