TSX:LSG.DB - Post by User
Comment by
Wolfin13on Oct 25, 2015 12:46pm
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Post# 24224908
RE:RE:RE:RE:The reason Detour before Lakeshore for Goldcorp
RE:RE:RE:RE:The reason Detour before Lakeshore for GoldcorpGoldcorp can do both.............figure on this if at all possible............management has confirmed with the Probe acquisition that Timmins/Porcupine is now in and part of their corporate plans and operations
DGC is bought out by G - 500,000+++ per year for 20+ - they could also take out BAR just East of DGC to increase gold future reserves and sell off Nickle resource
LSG is bought out by G - 600,000+++ per year - includes TW, Bell, Hoyle, Halnor, Dome, Hollinger, Probe with FennGib and Juby in their fold with MEK sitting on the sidelines at Ogden - ME could be an acquisition also to increase Gold reserves at the Fenn Gib location to mine both profitable......maybe a JV with Primero in that neighbourhood...
So within a 100 mile radius in a very prolific gold mining belt...Goldcorp can be producing 1.1+ million ounces per year for the next 10-15 years using two efficient mills in the porcupine camp.............and at $2,000 gold if that happens it becomes a terrific cash cow
That is a senario that may pan out for everyone............Goldcorp management really has to be looking at this area in a much larger scope..
GLTA