Goldcorp Pricing Itself Out of Consideration, But Buys Reside Elsewhere - UBS [View article]
Like esoterericist said, with an addition, NO DEBT & 1/2 Bil in the kitty, you have to consider the source of this downgrade-UBS, one of the major short position holders in the COMEX gold. This downgrade is a great buy signal. What more does one want? This is the best company that digs real money out of the ground.
On Jun 09 07:47 PM esotericist wrote:
> "low overall cash costs, un-hedged growth, low political risk and > exploration potential." > > That's why it's worth $80 a share. And they want a piece of it. Hence > the heavily caveated 'downgrade'...
Goldcorp Pricing Itself Out of Consideration, But Buys Reside Elsewhere - UBS [View article]
On Jun 09 07:47 PM esotericist wrote:
> "low overall cash costs, un-hedged growth, low political risk and
> exploration potential."
>
> That's why it's worth $80 a share. And they want a piece of it. Hence
> the heavily caveated 'downgrade'...