Dr PennyStock Free Forums
January 22, 2018, 04:58:13 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News:
   Home   Help Search Login Register  
Pages: [1] 2   Go Down
  Print  
Author Topic: GG - Goldcorp, Inc. - NYSE  (Read 9284 times)
0 Members and 1 Guest are viewing this topic.
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« on: December 25, 2008, 10:01:11 PM »


Daily Chart:  http://stockcharts.com/h-sc/ui?s=gg&p=D&b=5&g=0&id=p11530901891

Weekly Chart:  http://stockcharts.com/h-sc/ui?s=GG&p=W&b=5&g=0&id=p25021502102

News:  http://finance.yahoo.com/q/h?s=GG+Headlines

Business Summary:  Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties. It primarily explores gold, silver, copper, lead, and zinc. The company’s principal mining properties include Red Lake, Porcupine, and Musselwhite gold mines in Canada; Peñasquito gold/silver/lead/zinc mine, and Los Filos and El Sauzal gold mines in Mexico; Marlin gold/silver mine in Guatemala; Alumbrera gold/copper mine in Argentina; and Marigold and Wharf gold mines in the United States. Goldcorp Inc. was founded in 1954 and is headquartered in Vancouver, Canada.
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #1 on: January 08, 2009, 10:22:54 AM »

Goldcorp Achieves Record Quarterly Gold Production
Forecasts Five Year Gold Production Growth of 50%
Jan. 8, 2009

VANCOUVER, BRITISH COLUMBIA, Jan 08, 2009 (MARKET WIRE via COMTEX) -- GOLDCORP INC. (CA:G: news , chart , profile ) (GG:Goldcorp Inc. GG 28.53, +1.03, +3.8%) today announced record fourth quarter gold production of 692,000 ounces. Gold production for the 2008 year exceeded 2.3 million ounces, meeting previously issued guidance.

Goldcorp's year-end unaudited financial statements are expected to be released on February 19, 2009. The calculation of operating costs for 2008 has not yet been completed, but total cash costs(1) are expected to meet previous 2008 guidance of approximately $300 per ounce of gold on a by-product basis.

http://www.marketwatch.com/news/story/Goldcorp-Achieves-Record-Quarterly-Gold/story.aspx?guid={24AD4422-B626-4378-8151-152945DD45F1}
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
boomer
Guest
« Reply #2 on: January 15, 2009, 02:37:28 AM »

So what do you think Vegas maybe park some long term money in here at 20  Huh  but it did break thew that uptrend line , it could go close to 15
Logged
boomer
Guest
« Reply #3 on: January 15, 2009, 02:39:41 AM »

So what do you think Vegas maybe park some long term money in here at 20  Huh  but it did break thew that uptrend line , it could go close to 15
IMO I should just buy this at 70
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gld&sid=0&o_symb=gld&freq=2&time=10&x=0&y=0
Logged
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #4 on: January 15, 2009, 11:04:31 AM »

So what do you think Vegas maybe park some long term money in here at 20  Huh  but it did break thew that uptrend line , it could go close to 15
IMO I should just buy this at 70
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gld&sid=0&o_symb=gld&freq=2&time=10&x=0&y=0

GG is an excellent long term play Boomer... I am sitting on cash right now in my gold stock account as the dollar is driving the gold price down big time... I will wait for that to turn around before I make my buys... At that point, the gold stocks will be at their bottom and will ride back up with the price of gold...
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #5 on: February 19, 2009, 03:59:45 PM »

Goldcorp Reports Record Gold Production And Net Earnings in Fourth Quarter; Gold Reserves Increase 7%

Thursday February 19, 2009, 8:30 am EST

GOLDCORP INC. (Toronto:G.TO - News)(NYSE:GG - News) today reported record gold production of 691,800 ounces for the quarter ended December 31, 2008. Reported net earnings amounted to $958.1 million in the quarter, or $1.31 per share, which includes a non-cash foreign exchange gain on the revaluation of future income tax liabilities.

Adjusted net earnings(1) in the quarter were $84.4 million, or $0.12 per share. The Company also announced today that total proven and probable reserves increased 7% to 46.3 million ounces as of December 31, 2008, Goldcorp's fifth consecutive annual reserves increase. Cash and equivalents were $262.3 million with no Goldcorp debt at December 31, 2008.

http://finance.yahoo.com/news/Goldcorp-Reports-Record-Gold-iw-14410250.html
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #6 on: January 07, 2010, 10:47:01 AM »

Goldcorp to buy 70% of Chile project, trumping Barrick

7th January 2010

TORONTO (miningweekly.com) – Vancouver-based Goldcorp plans to acquire Xstrata's 70% interest in the El Morro copper/gold project in Chile through an agreement with New Gold, the company that owns the other 30%.

Last, year, the world's biggest gold-miner, Barrick Gold, said it would buy Xstrata's 70% in the asset for $465-million.

However, New Gold, which is led by former Barrick CEO Randall Oliphant, has a right of first refusal on the stake, and will exercise that right before selling the 70% interest to Goldcorp, the companies said on Thursday.

Goldcorp will advance $463-million to New Gold to fund the exercise of the right of first refusal by a New Gold subsidiary and then acquire the subsidiary, paying $50-million in cash to New Gold.

Going forward, Goldcorp will own 70% of the project and New Gold will retain 30%. Goldcorp said it has also agreed to amend certain terms of the El Morro shareholders agreement, "including with respect to New Gold's capital funding obligations".

http://www.miningweekly.com/article/goldcorp-to-buy-70-of-el-morro-with-new-golds-help-2010-01-07
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #7 on: January 11, 2010, 09:18:32 AM »

GOLDCORP DELIVERS RECORD 2009 GOLD PRODUCTION

JANUARY 11, 2010

GOLDCORP INC. (TSX: G, NYSE: GG) today announced record gold production for the 2009 year of over 2.4 million ounces, exceeding guidance that had been previously revised upward from 2.3 million ounces. Fourth quarter 2009 gold production totaled 601,000 ounces.

Goldcorp’s year-end financial statements are expected to be released on Thursday, March 11, 2010. The calculation of operating costs for 2009 has not yet been completed, but total cash costs(1) are expected to be approximately $295 per ounce of gold on a by-product basis and approximately $390 per ounce of gold on a co-product basis, beating guidance on both measures. The Company ended the year with $865 million in cash.

http://www.kitco.com/pr/2014/article_01112010083444.pdf
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #8 on: March 11, 2010, 07:19:36 PM »

Goldcorp Profit Jumps On Metals Prices

Reuters
March. 11, 2010 6:15PM EST

Goldcorp Inc. said Thursday its fourth-quarter adjusted profit more than doubled, as it benefited from sharply higher prices for gold, silver, and copper.

Adjusted earnings, which exclude non-cash foreign exchange gains and losses on future income tax liabilities, rose to $182.7-million (U.S.), or 25 cents per share, in the quarter, from $84.4-million, or 12 cents per share, a year before. Analysts polled by Thomson Reuters I/B/E/S had expected, on average, a profit of 24 cents a share.

On a net basis, fourth-quarter profit fell to $66.7-million, or 9 cents a share, from $958.1-million, or $1.31 a share. The large drop was due to revaluation of future income tax liabilities, brought on by the sharp year-on-year drop by the U.S. dollar.

Revenue rose 28 per cent to $778.3-million, as prices of the metals Goldcorp produces rose sharply after the price crash of late 2008. The Vancouver-based gold company, which recently acquired exploration firm Canplats Resources, as well as 70 per cent of the El Morro copper-gold deposit in Chile, expects to produce 2.6 million ounces of gold this year.

http://www.theglobeandmail.com/globe-investor/goldcorp-profit-jumps-on-metals-prices/article1497887/
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #9 on: April 29, 2010, 02:32:10 AM »

Goldcorp Slips To Loss In Q1

4/29/2010 12:48 AM ET

Canadian gold mining company Goldcorp Inc. (G.TO: News ,GG: News ) on Wednesday reported a net loss for the first quarter compared to a profit last year, as the impact of delayed gold sales and a weaker U.S. dollar raised costs and offset higher gold prices as well as production.

The company's net loss for the first quarter was US$52.7 million or US$0.07 per share, compared with net income of US$291.2 million or US$0.40 per share in the prior-year quarter.

On an adjusted basis, net income for the quarter declined to US$163.1 million or US$0.22 per share from US$169.3 million or US$0.23 per share a year ago. On average, sixteen analysts polled by Thomson Reuters expected the company to earn US$0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Adjusted net earnings primarily exclude the effect of a non-cash foreign exchange loss of US$212.2 million on revaluation of future income tax liabilities, but include the impact of non-cash stock option expenses of US$10.2 million or US$0.01 per share.

Revenues for the quarter increased 20% to US$750.3 million from US$624.8 million in the previous-year quarter, but came in below analysts' consensus revenue estimate for the quarter of US$847.51 million.

http://www.rttnews.com/ArticleView.aspx?Id=1285455
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #10 on: June 22, 2010, 09:27:51 AM »

GOLDCORP’S PEÑASQUITO MINE COMPLETES CONSTRUCTION OF SECOND PROCESSING LINE AHEAD OF SCHEDULE

VANCOUVER, BRITISH COLUMBIA, June 22, 2010 – GOLDCORP INC. (TSX: G, NYSE: GG) announced today that the second sulphide processing line (Line 2) at Peñasquito mine in Zacatecas, Mexico has achieved mechanical completion ahead of its previously expected third quarter completion date. Line 2 is now in commissioning phase and ramping up toward designed 50,000 tonne-per-day capacity.

Line 1 is regularly operating at designed daily throughput of 50,000 tonnes. Declaration of project commercial production remains on schedule for the third quarter. Construction of 30,000 tonne-per-day high pressure grinding roll circuit (HPGR) is on track for completion in fourth quarter. Full production ramp-up to designed 130,000 tonne per day capacity remains on track for early 2011.

“The Peñasquito project team has achieved every critical milestone throughout the mine’s three year construction period, and the completion of Line 2 ahead of schedule is the latest example of the impressive pace of development there,” said Chuck Jeannes, Goldcorp President and Chief Executive Officer. “Mining rates have continued in excess of 500,000 tonnes per day and concentrate grades and quality remain well within expectations. We look forward to experiencing with our shareholders the growing contributions of this world-class asset over the years to come.”

In the first days of commissioning and ramp-up of Line 2, combined process plant throughput has already reached in excess of 86,400 tonnes per day. Line 2 alone has reached peak daily throughput of over 52,000 tonnes. The Company remains on track for third quarter commercial production.

http://www.kitco.com/pr/2014/article_06222010090729.pdf
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #11 on: July 29, 2010, 01:49:32 AM »

GOLDCORP ACHIEVES RECORD OPERATING CASH FLOW IN SECOND QUARTER

VANCOUVER, BRITISH COLUMBIA, July 28, 2010 – GOLDCORP INC. (TSX: G, NYSE: GG) today reported increased gold production of 609,500 ounces for the second quarter which combined with higher realized gold prices to drive record operating cash flow of $382.6 million. Reported net earnings attributable to shareholders of Goldcorp in the quarter were $828.3 million compared to a net loss of $231.6 million in the second quarter of 2009. Adjusted net earnings1 were $198.8 million, or $0.27 per share, compared to $99.2 million, or $0.14 per share, in the second quarter of 2009.

http://www.kitco.com/pr/2014/article_07282010170953.pdf
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #12 on: July 29, 2010, 08:08:30 PM »

Goldcorp Inc. Sees Gold Output Rise - Posts Record 2Q Operating Cash Flow

29 July 2010
 
Montreal—(Kitco News) Goldcorp’s second-quarter gold production rose 4.7 percent and sales increased 5.9 percent creating a record operating cash flow of 382.6 million as a result of higher gold prices, the Vancouver-based company said Thursday.

 “Our strong financial results in the second quarter demonstrate Goldcorp’s continued progression toward a period of sustained cash flow expansion,” said Chuck Jeannes, President and CEO, through the company’s earnings report released Wednesday.

Revenues rose 34 percent to $844.3 million during 2010’s second quarter compared to the second quarter of 2009’s results of $628.6 million. In the second quarter of 2010 Goldcorp produced 609,500 ounces compared to 582,400 ounces in the second quarter of 2009 and gold sold in the second quarter of 2010 rose to 598,000 from 564,800 ounces in the second quarter of 2009.

http://www.kitco.com/reports/KitcoNews20100729AL.html
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #13 on: September 01, 2010, 07:14:09 PM »

Goldcorp Nears Commercial Production At Penasquito

01 September 2010

Goldcorp Inc. is finishing construction and anticipates that it will declare commercial production at its Penasquito mine in Mexico soon, the company’s chief executive said Wednesday. The nearly $1.7 billion project is on schedule and within budget, said Chuck Jeannes, president and chief executive officer of the Vancouver-based company. He described the project as the “key driver” of a current five-year plan by Goldcorp (TSX: G, NYSE: GG) to increase output by 50% or more.

“We’re just completing construction and, hopefully within just a matter of days, of declaring commercial production at Penasquito,” said Jeannes said. Under Canadian accounting rules, proceeds from commercial production are included as revenue on a company’s income statement. Prior to this, any start-up production is used to defray the costs of building a mine. Expectations are for the operation, which will be the largest open-pit mine in Mexico, to produce around 180,000 ounces of gold this year. For the life of the mine, Penasquito is expected to average around a half million ounces of gold annually—with more in some years--along with some 30 million ounces of silver, plus lead and zinc.

“Like most mines, it takes a while to ramp up to full production,” Jeannes said. “So over the next five years, we’ll see production going from what we guided this year—at 180,000 ounces—to nearly 800,000 ounces in 2014.”As of Dec. 31, gold reserves totaled 17.8 million ounces and silver reserves totaled 1.07 billion ounces. The mine’s expected life is 22 years.

Including contractors and construction personnel, as many as 4,500 people have worked at the mine and 2,000 are still working. Once the mine is up and running, the work force will be around 1,500, Jeannes said. Goldcorp’s Web site says the company anticipates increasing its gold output by 57% during a five-year period through 2014. “It is based entirely on projects that are already in construction or nearing production. So it’s a very reasonable and achievable growth profile,” Jeannes said.

http://www.kitco.com/reports/KitcoNews20100901AS.html
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Vegas
Moderator
*****
Offline Offline

Gender: Male
Posts: 4283



« Reply #14 on: October 27, 2010, 08:09:28 PM »

Goldcorp Q3 Profit Surges

10/27/2010

Goldcorp Inc. (G.TO,GG: News ), Wednesday reported a significant rise in profit for the third quarter, due primarily to higher revenues on increased gold prices, lower cash costs as well as a one-time gain on mining interest dispositions. Quarterly earnings came in line with analysts' estimates, while revenues fell short of projections. Going forward, the company also reaffirmed its production guidance for the full year 2010.

The Vancouver, Canada-based company's third-quarter net earnings attributable to the shareholders were US$466.5 million or US$0.63 per share, up from US$114.2 million or US$0.16 per share in the third quarter of 2009.

Adjusted net earnings were US$231.5 million or US$0.31 per share, compared to US$140.6 million or US$0.19 per share, in the third quarter of 2009. Analysts polled by Thomson Reuters expected the company to report earnings of US$0.31 per share for the quarter. Analysts' estimates typically exclude special items.

http://www.rttnews.com/ArticleView.aspx?Id=1459549
Logged

♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦
Pages: [1] 2   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.8 | SMF © 2006-2008, Simple Machines LLC | Sitemap Valid XHTML 1.0! Valid CSS!
Page created in 0.141 seconds with 26 queries. (Pretty URLs adds 0.023s, 2q)