RE: $ 43 per ounceG has a new policy where they're not going to hoard gold and they are going to buy more stuff.
G put it this way in their PR: given Goldcorp's intent to continue to grow by way of accretive acquisitions, the Company intends to discontinue its previous practice of stockpiling one third of its production from the Red Lake Mine.
https://www.stockhouse.ca/news/news.asp?newsid=2695754&tick=G
>>>I'll concede the accuracy of your $29 calculation which
>>>raises the question, why liquidate 240,000 ounces when
>>>163,000 ounces should be adequate??