Revisiting old post............ October 15, 2012
Post# of 9903
October 15, 2012 at 8:45am ·
SRGE NOW WITH GG ON NYSE 36 BILLION COMPANY
Goldcorp Inc. (GG) NYSE
Prev Close: 43.47
Avg Vol (3m): 5,085,850
Market Cap: 35.25B
P/E (ttm): 26.97
EPS (ttm): 1.61
Div & Yield: 0.54 (1.20%)
READ THE SRGE NEWS TODAY-> WE ARE ON TOP OF GG ON NYSE... HERE COMES BIGGER THINGS SHORT TERM IMO.
The La Canita property consists of 7,932 acres and, along with the concessions; the Company has received an appraisal estimating potential resources of 185,000 oz. of gold, having a current market value in excess of $320,000,000 USD. Southridge plans to carry out additional mapping, trenching, sampling and follow-up geophysics to define future drill targets.
Currently within the region, Primero Mining operates the San Dimas Mine, a producing gold and silver asset that was purchased from Goldcorp in 2010. The San Dimas Mine has probable reserves of over half a million ounces of gold and 31.8 million ounces of silver.
Part of the prolific Sierra Madre Occidental gold belt, the world's largest epithermal precious metals belt, San Dimas is home to several world-class mining operations. Historical production in the San Dimas mining region is estimated to be over 11 million ounces gold and 582 million ounces of silver.