start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

8/2/16

Goldcorp (GG) versus its peers

Last ten days:



My stars. Gold bullion puts on U$50/oz, the XAU is up 8%, Goldcorp (GG) is down 2%. How in God's green pastures can any goldie be down these last two weeks? It's getting to the point where I'm checking back on its fundies and going "Hmmm....book value U$12.861m....market cap just two billion higher...hmmmm...not much financial debt here...wonder what Barrick could bid...wonder if Newmont would counter...Zijin up for this perhaps...hmmmm..."