GOLDCORP (GG $39.39, RATING UNDERWEIGHT; PRICE TARGET $32) “MOST LENIENT CASE” NPV FOR GOLDCORP’S 70% INTEREST IN EL MORRO PROJECT ESTIMATED AT $312 M; “STRICT CASE NEGATIVE $2 BILLION VALUE; OPTION OF U/G SCENARIO STUDIED ADDS LITTLE VALUE 6/12/2012
GOLDCORP (GG $39.39, RATING UNDERWEIGHT; PRICE TARGET $32) “MOST
LENIENT CASE” NPV FOR GOLDCORP’S 70% INTEREST IN EL MORRO
PROJECT ESTIMATED AT $312 M; “STRICT CASE NEGATIVE $2 BILLION
VALUE; OPTION OF U/G SCENARIO STUDIED ADDS LITTLE VALUE 6/12/2012