Alan Greenspan finally got a real job advising -
Deutsche Bank's securities division. [Bloomberg]
tinyurl.com
Greenspan Urges Gulf States To Abandon Dollar? -
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prisonplanet.com.
The Deutsche Bank - don't they have a lot Gold -
and few old bucky?
Got Goldcorp GG Long Term Safety -
goldcorp.com
"Our strong performance in the fourth qu....more info....
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2008) -
All Amounts in $US unless stated otherwise.
GOLDCORP INC. (TSX:G)(NYSE:GG) today reported record net earnings of $256.5 million, or $0.36 per share, for the quarter ended December 31, 2007 and $460.1 million or $0.65 per share, for the year. Production in 2007 increased 35% to 2,292,600 gold ounces at a total cash cost of $163 per ounce.
Fourth Quarter 2007 Highlights:
- Revenues increased 42% to $679.8 million.
- Gold production increased 9% to 638,900 ounces(2).
- Total cash costs of $195 per gold ounce(2),(3), net of by-product copper and silver credits.
- Operating cash flow of $327.1 million, before changes in working capital(4).
- Reaffirms 2008 guidance of approximately 2.6 million gold ounces at a total cash cost of $250 per ounce.
2007 Full-Year Highlights
- Enhanced position as top gold producer in Canada by acquiring 100% ownership of Musselwhite and Porcupine mines in Ontario.
- Approved Penasquito expansion to 130,000 tonnes per day.
- Increased gold reserves 9% and silver reserves 37%.
- Completed portfolio simplification initiative by disposing of non-core assets: Peak, Amapari and 50% stake in La Coipa.
- Sold entire investment in Silver Wheaton to syndicate of underwriters for cash proceeds of approximately $1.6 billion, received February 14, 2008.
- Paid $126.9 million in dividends.
God Bless America
Ps.
Judge for yourself and then decide whether you wish
to join the strike.
WE ARE CHANGE!!!
tinyurl.com
Constitution Class taught by
The 2004 Libertarian Presidential Candidate,
Michael Badnarik teaches his famous class about
the Constitution....
tinyurl.com
lighthouse57.com
history often repeat itself -
tinyurl.com
Sentiment : Strong Buy |
