RE:GoldcorpSome more thoughts:
The decision of Goldcorp to approve the 2014 program but to refuse to fund it explain why Temex had to raise cash recently in order to advance its development. I expect that Temex will increase their right on Whitney by 5-10%.
Based on the quality and the prospects of the project, it's a bit surprising the decision of Goldcorp considering the low amount involved (2,1 mios altogether). A similar project, Lamaque of Integra, showed through the recent PEA a nice IRR at low price (38% after tax at 1275 USD). Probably that Whitney is too small for Goldcorp as they focus on big projects and that they stick to their decision to froze expenses related to junior partnerships.
Cheers,