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Goldcorp Inc. Message Board

  • bbandassoc bbandassoc Oct 3, 2012 12:45 PM Flag

    Expectation of Weak Q3 Results Starting to Weigh on Valuation

    The Company has already reported bad Q2 results and pretty much said Q3 won't be much different. Realizing everyone is expecting gold to go higher, IMO, GG still is going to return closer to $40 based on Q3 results before it has a chance of going much higher. I think Deutsche banks downgrade to neutral yesterday is the first of what could be several claiming GG is ahead of its fundamentals here.

 
GG
16.98-0.71(-4.01%)11:28 AMEDT