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Non-Tech : The Woodshed

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To: SwampDogg who wrote (39217)5/15/2006 7:00:33 PM
From: TH  Read Replies (1) of 60927
 
Swamp Doggy,

Speaking of GG, their earnings report is out.

biz.yahoo.com

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 15, 2006 -- (All figures are in US dollars unless stated otherwise)
GOLDCORP INC. (TSX:G.TO - News)(NYSE:GG - News) is pleased to announce its first quarter results, highlights of which are:


- Net earnings tripled to $92.4 million compared with $29.5 million in 2005.

- Earnings per share increased to $0.27 per share compared with $0.12 per share in 2005.

- Gold production increased to 295,100 ounces, compared with 275,400 ounces in 2005.

- Gold sales were 288,400 ounces, compared with 217,500 ounces in 2005.

- Record low total cash costs of minus $88 per ounce (net of by-product copper and silver credits), compared with $94 per ounce in 2005.

- Cash flow from operations, before changes in working capital, increased to $140.7 million ($0.41 per share), compared with $58.7 million ($0.24 per share) in 2005.

More at link...

GT
TH
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