Goldcorp, Inc. (USA) (NYSE:GG)
CAPS Rating:
The Company is engaged in the acquisition, exploration, development and operation of precious metal properties.
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The Company is engaged in the acquisition, exploration, development and operation of precious metal properties.
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Gold at this time is a great place to hedge against the weaking dollar. I think the producers are the place to put the money, not in the rock.
Gold Corp is a Tier II player which I think can control costs better the giants, Barrick and Newmont. Also, Gold Corp could be a buy out player ( the one being bought ) by a major, which would give it that final boost in price.