OTCQX:GTBAF - Post by User
Comment by
eatmorefiber2on Mar 25, 2021 4:30pm
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Post# 32877684
RE:RE:RE:Message from GBR mgt ?
RE:RE:RE:Message from GBR mgt ?Looks like Goldcorp had multiple assets throughout its history, including this synopsis from 2011:
https://www.companieshistory.com/goldcorp/
As of December 31, 2011, its producing mining properties were consisted of the Red Lake, Porcupine and Musselwhite gold mines in Canada; the Penasquito gold/silver/lead/zinc mine, Los Filos and El Sauzal gold mines in Mexico; the Marlin gold/silver mine in Guatemala; the Alumbrera gold/copper mine (37.5% interest) in Argentina; the Marigold (66.7% interest) and Wharf gold mines in the United States. As of December 31, 2011, its development projects included the Cerro Negro gold project in Argentina; the Eleonore and Cochenour gold projects in Canada; the Pueblo Viejo gold project (40% interest) in the Dominican Republic; the El Morro gold/copper project in Chile; the Noche Buena and Camino Rojo gold/silver projects in Mexico, and the Cerro Blanco gold/silver project in Guatemala.
I couldn't find history going back beyond 1999, but here's a graph of GG from that year to the merger.
https://www.netcials.com/stock-price-chart-history-nyse/GG-Goldcorp-Inc/#firstlist
Wikipedia is indicating GG was in business since 1994, but I couldn't find historical prices pre 1999.
Here's a history of shares outstanding:
https://www.sharesoutstandinghistory.com/gg/
Based on the highs in the $40s, yes, the market cap reach about $40 billion US.
With so many assets under its umbrella, I am not sure if it would be a fair comparison to Great Bear. With that said, I think $5 billion USD for GBR is fair.