The chief executive of Goldcorp Inc. is not fretting over lower gold prices this year and says he would view any price declines as an opportunity to buy assets.
In an interview with the Financial Post on Friday, Charles Jeannes, president and CEO of Goldcorp, spoke about the company's growth prospects in the next year.
Gold prices have steadily pulled back since 2011, when they reached a record intraday price of US$1,909 an ounce. Prices for the precious metal closed Friday at US$1,268.81 an ounce.
"We're a low cost producer ..........
To read this post in full please click here and its thanks to Ed Steer's Gold and Silver Daily missive that alerted us to it. This is a free publication so you might want to sign-up for it as it contains a really good round up of whats what in todays world.
The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?
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