Canadian Stock #4 –
Headquartered in the Olympic venue of Vancouver, GoldCorp (GG)
is one of the largest precious-metal mining companies in the world. GG operates mainly in Canada and South America, and produces more than 2.3 million ounces of gold annually, and has about 45 million ounces in proved and probable reserves. But don’t be fooled by the name — GoldCorp also owns 1.2 billion ounces of proved and probable silver reserves and 1.4 billion pounds of copper reserves.
Every investor is aware of gold’s record run recently, but that’s just one reason I’m bullish on GG. Silver and copper prices
have been on a tear lately, and the diverse mining operations of GoldCorp make it a great investment right now no matter what happens with gold.
- Poll of the Day