What a sell off!!! Good Buying Opp? Understand that setbacks are never a great thing but this seems overdone.
July 29 2009 closed at 38.55/sh and had a 0.015/sh monthly dividend and POG under 1200/oz
-- (MARKET WIRE) -- -- (TSX: G)(NYSE: GG) today reported gold production of 582,400 ounces for the second quarter, remaining on track for full-year guidance of 2.3 million ounces of gold produced. Adjusted net earnings(1) in the second quarter were , or
per share. A non-cash foreign exchange loss on the revaluation of future income tax liabilities led to a reported net loss of , or
per share.
Today we close at 33.80, POG over 1500/oz, divided of 0.045/sh monthly and revised downward guidance still higher than a few years ago
"full-year 2012 gold production guidance has been revised to between to 2.35 and 2.45 million ounces compared to previous guidance of 2.6 million ounces. "
Interesting...