RE: Ian and bad boy Hugo???Fiveks: It is a big enough problem that I would not buy into it except: 1. At a high discount. 2. As a joint venture with a major to split risk. 3. As the most risky element in a portfolio of producing properties, representing less than 10% of overall capitalized share value.
And that is only after a thorough risk assessment, since I do not know enough about Venezuela. Goldcorp is building a low risk portfolio, so we are not going to see Russia/Africa etc.