Are Frank & Brian going to build another Goldcorp?Frank believes gold will go to $2,000, after leavin mining for 5 years he is back.
Q How did Goldcorp become the world’s biggest gold company?
A I think in all industries, there is a time where you can create something meaningful. There was a time to create Microsoft, there was a time to create Apple, and there was a time to create Goldcorp. And we just happened to be doing it at the right time. At the bottom of the last cycle, when it was very bleak and gold was US$250, Frank Giustra and I said we should get back into gold. We had never worked together. We just believed that the price of gold was going to go up and it was going to go up fast. If we were going to participate in this, we’d better get out there and acquire gold assets as fast as we can. Over a five-year period, virtually every gold asset that came available went to auction, and we outbid everybody else because we had a more passionate view of what the gold price was going to do. And we happened to be right.f