Topic: How To Invest

Hi Pat: I’m a relatively new subscriber, and so far I am very pleased with the info you’ve been sending me. I’ve been tracking many of your recommendations and I’m really impressed with your track record. I only wish that I had my discount brokerage accounts set up earlier, so that I could have bought some of the stocks before they went up so much. I’d really appreciate your advice on one of the stocks I own: What do you think about Goldcorp? Best regards.

Article Excerpt

Goldcorp Inc., $34.33, symbol G on Toronto (Shares outstanding: 730.2 million; Market cap: $25.1 billion), is a major gold producer, with 10 operating mines and several major projects under development. Goldcorp owns the Red Lake, Porcupine and Musselwhite gold mines in Canada; a 37.5% interest in the Alumbrera gold/copper mine in Argentina; the El Sauzal, Los Filos and San Dimas gold/silver mines in Mexico; the Marlin gold/silver mine in Guatemala; the Wharf gold mine, and a 67% interest in the Marigold mine in the United States. Aside from its operating mines, the company has a number of major projects under development, including the expansion of the Red Lake mine; the Eleonore gold project in Canada; the Penasquito gold/silver/zinc mine in Mexico; the Cerro Blanco gold project in Guatemala; and the Pueblo Viejo gold project in the Dominican Republic. (Goldcorp has a 40% interest in Pueblo Viejo.) Goldcorp holds interests in two other mining companies. It owns 66% of Terrane Metals (symbol…