> Let me be clear about this up front: I am not an expert on gold
> companies. I’ve enough research on them to know that, generally, what
> makes one gold company perform better than another gold company deals
> with one of three factors: how much gold is in the ground, how easy is
> it to get the gold out of the ground and what the firm’s capital
> structure is like. Of course, then we have to deal with the price of
> the underlying commodity itself. I will try to briefly touch on each
> of these areas in my case for Goldcorp.

> Now I’m not going to get into specific amounts of proven and probable
> reserves here, but Goldcorp is in a good position when it comes to
> future production. Companies like Barrick and Newmont will most likely
> need to acquire junior and intermediate gold plays to maintain their
> reserves, but Goldcorp is set up well in this regard for the coming
> few years. In addition, Goldcorp’s mines are located in some of the
> most politically stable areas in the world (Canada, Us and Mexico). I
> don’t know about you, but I don’t want to own equity in a gold company
> whose assets could be seized by a crazed politician at any time.
> Goldcorp mines its gold at a cost of approximately $350 per ounce,
> which is comparable to slightly smaller, more risky firms such as
> Agnico-Eagle (which I am also a fan of) and Yamana. Probably my
> favorite part of Goldcorp’s strategy is that....

> Read the rest of this article here:http://www.thestockguy.com/2009/06/goldcorp/