GOLDCORP (GG $46.12, rated Underweight with $32 price target) VARIOUS OFFSETTING MODEL CHANGES; MINE PRODUCTION PROFILES EXCLUDE PENASQUITO U/G, RED LAKE OPEN PIT, AND CUT GOLD PRODUCTION FROM PENASQUITO; PARTLY OFFSET BY OVER $765 MM IN GG “NET CASH” AND 7.7% INCREASE IN ESTIMATED “RECOVERABLE RESERVES” 4/3/2012
GOLDCORP (GG $46.12, rated Underweight with $32 price target) VARIOUS
OFFSETTING MODEL CHANGES; MINE PRODUCTION PROFILES EXCLUDE
PENASQUITO U/G, RED LAKE OPEN PIT, AND CUT GOLD PRODUCTION
FROM PENASQUITO; PARTLY OFFSET BY OVER $765 MM IN GG “NET CASH”
AND 7.7% INCREASE IN ESTIMATED “RECOVERABLE RESERVES” 4/3/2012