NewstrikeAnyone who doesn't think Goldcorp needs Newstrike's properties (Ana Paula + the other 80,000 hectares) needs their head examined. When a company walks into a mining district and in less than a year drills up a resource to the potential of adding 50% of the current ounces in the district to the inventory, majors take notice. Goldcorp can continue producing at Los Filos and turn a blind eye to Newstrike all they want but it will only add a decimal point to the number they end up paying for this asset in the long run. As Caliche has stated before, anyone worth their salt has a pretty good idea how many ounces have been delineated at Ana Paula. Just think of how important this find is to Goldcorp. Goldcorp is worth roughly $40 billion dollars and has 70 M ounces of gold with a 2.5 Moz production profile. If we assume Ana Paula will be a 7 Moz deposit and will have the same production profile as Los Filos at 300,000 oz/ yr production then Goldcorp can use 1% of their market capitalization to add 10% to their global gold invetory and 12% to their production profile based on a $4 per share buy-out.. that is one hell of a good acquisition for Goldcorp. I don't think $4 will be nearly enough but even if they end up paying 2-3% of their market cap or $800 M - $1.2 billion dollars, they're still adding 10% to their gold inventory and 12% to their production profile for 2-3% of current value. As for your post about huge infrastructure costs Los Filos (Goldcorp's Mexico mine) was done with a capex of less than $400 million dollars and is currently earning over $400 M a year.. this isn't a $1 - $2 billion capex mine to build like your posts suggest.