Most investors have missed the fact that the Mexican project at Cerro Del Gallo is backed by industry heavyweights Goldcorp who must be rubbing thier hands together with joy at the progress being made and recent upgrades.
By continuing to fund and operate exploration programs on the property, Cerro Resources interest has increased to 65.2%, with Goldcorp holding the remaining 34.8%.
Goldcorp have a reputation for delivering Results
Proven long-term value, based on the principles and policies of sustainable prosperity for all stakeholders.
The results speak for themselves: from 2001 to 2011, an investment in Goldcorp outperformed the peer companies in the gold mining industry as well as physical gold.
The reason for this track record of sustained growth is a disciplined focus on a simple, proven strategy:
pursue industry-leading gold production growth maintain our low production costs focus on areas of the world with low political risk conservatively manage our strong balance sheet to fund growth internally invest with discipline; return value to shareholders through an active dividend policy deliver sustainable prosperity for our employees, shareholders, business partners and the communities in which we operate.
Sector Leading Cash Margins
Sector Leading Cash Margins
Our superior pipeline of growth projects has positioned Goldcorp for continued strong growth in the years ahead. By 2016, we expect annual gold production to reach 4.2 million ounces, an increase of 70% over the next 5 years.
This partnership greatly enhances all aspects of the Cerro Resources project and gives unrivalled support for any funding requirements or bankable feasability studies which are overdue.
When this share moves, it moves quickly so DYOR and don`t missout on these low prices.
CJO Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held