IKN

a plague o both your houses

Goldcorp (GG) versus its peers

Last ten days:

My stars. Gold bullion puts on U$50/oz, the XAU is up 8%, Goldcorp (GG) is down 2%. How in God’s green pastures can any goldie be down these last two weeks? It’s getting to the point where I’m checking back on its fundies and going “Hmmm….book value U$12.861m….market cap just two billion higher…hmmmm…not much financial debt here…wonder what Barrick could bid…wonder if Newmont would counter…Zijin up for this perhaps…hmmmm...”

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