RE: WHY IS ABXI do beleive that Goldcorp is more exposed to copper than Barrick.....as a matter of fact it is the profits of copper that used to cover the gold recovery making Goldcorp the cheapest gold producer......
Unfortunately ...copper along with the other metals took a nose dive today and this may negative affected the upward movement of the stock....plus I think Goldcorp has more shares outstanding as well....
This is my interuptation of todays eventss with gold palys and Goldcorp....the stock faired well against most other plays....gold should gain more momentum tonight in the Asian markets....which in turn should help the stock move forward in the morning trades....
GLTA...