Esteemed holders of the Almighty G.....Hello all. I Don't own currently own G and never have, but I like it, I like it a lot. I like it even more after today's technical breakout of gold AND silver.
I am aware that G made moves in the past year or so to greatly increase silver exposure and production. based on thier exposure to G and S, I am seriously thinking of taking a position this week.
That said, in this current climate, where do any of you see Goldcorp headed from a valuation standpoint?
It seems rediculously undervaled at this time, IMHO especially in relation to their silver exposure and also due to their relatively low extraction costs.
Any input on valuations with some rationale for your thoughts would be much appreciated!
Best of luck to all,
Permaflation