Are the GIANTS lurking? Well the obvious has now been stated by Canaccord. Not only have they raised their target to $7.50 SP, the following is paraphased from the end of their update, issued today;

Kevin McArthur, CEO of Goldcorp Inc., recently made comments regarding the potential for Goldcorp to restart its corporate acquisition activities. Mr. McArthur, indicated that Goldcorp was interested in acquiring earlier-stage gold projects or “tip of the iceberg, something bigger than what we see is apparent on the surface”. Given the Camino Rojo project’s proximity to Goldcorp’s Peñasquito mine (within 50km) and given the resource potential of the Camino Rojo project... you finish the thought!

Let's hope that Industrias Penoles wants this deposit too!

Not investment advice, look at Canaccord's analysis