Goldcorp, Inc. (USA) (GG)

TMFSinchiruna (99.00) Submitted: 1/23/08 4:23 PM : Start Price: $34.56 GG Score: 38.17

GoldCorp is one of my least favorite gold miners. They are mis-managed, in my opinion. Even though their purchase of Glamis Gold represents fair value at today's gold prices, it didn't sound too favorable at the time. As a former Glamis shareholder, I would much rather still be holding that stock. GoldCorp is one of several gold behemoths that I am reducing my position in at this stage in the commodities bull market. They may very well continue to see solid returns, but I am switching my focus to the mid-tier and junior miners, which I think will outperform the behemoths in 2008 and beyond. As I mentioned with respect to Newmont... if several of my smaller companies end up getting purchased by the GGs and the NEMs of the world, then so be it... but I think I'll do better owning the small-fries. :) I am keeping GG in my CAPS portfolio for the time being, in part because it keeps me watching it more closely... but in real life I no longer own any shares of this one.

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