Goldcorp Could Rise 15% By 2013
Over the past several weeks, Goldcorp (GG) has faced significant downward pressure on its shares, largely as the result of bad public relations surrounding its cleanup procedures at its Marlin mine in Guatemala. On the other hand, the company’s acquisition of the Cero Negro project in 2010, has led to positive operating results that should prove promising for the company on an ongoing basis. As one of the major players within the gold market – amongst Barrick Gold (ABX), Kinross Gold (KGC), Newmont Mining (NEM) and Yamana Gold (AUY) – Goldcorp is an important player in the industry. Given this status and the mixed information circulating about the company, understanding one’s options within this stock is an important step for anyone investing in the space.
Miners Are Bad, Bad, Bad
In the midst of the green revolution, anyone who can be seen as damaging the planet is vilified and fitted for a black hat before the jury has been sent away for deliberation. And for anyone wondering if it really warrants the shameless use of so many mixed metaphors, just take a look at the number of major municipalities adopting “special” privileges in terms of parking and the like for hybrid drivers. The United States remains the greatest democracy on the planet, but if you came in a Prius, you will get special parking and a noticeable lack of dirty looks – we all remember the evil CEOs who traveled to Washington on company jets to answer idiotic questions with no chance of changing anything.To continue reading, click here.
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Posted in Tech News