GOLDCORP (GG $52.25, Rating held at Neutral) GOLDCORP’S LARGE 69% PREMIUM OVER OUR NPV ANALYSIS ANTICIPATES MANY SUCCESSES NOT BUILT INTO OUR MODELS, BUT OUR RATING HELD AT NEUTRAL PENDING DECEMBER 7TH GROUP TOUR TO CERRO NEGRO IN ARGENTINA 11/17/2011

GOLDCORP (GG $52.25, Rating held at Neutral) GOLDCORP’S LARGE 69%
PREMIUM OVER OUR NPV ANALYSIS ANTICIPATES MANY SUCCESSES NOT
BUILT INTO OUR MODELS, BUT OUR RATING HELD AT NEUTRAL PENDING
DECEMBER 7TH GROUP TOUR TO CERRO NEGRO IN ARGENTINA  11/17/2011