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Gold/Mining/Energy : Goldcorp -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (44)10/25/2002 10:05:53 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 185
 
Hello,

I am a GG shareholder and I have a question. In the earnings release they say they now have 178,000 ounces of gold on hand. They also say the co is debt free.

So the mkt value of their gold is approx $55 billion.

Yet the entire market cap of the stock is just $1.8 billion, and that obviously includes the huge future potential of red lake.

What am i missing here?