Just keeping the board current with the gold major companies cash conditions...Barrick was posted earlier at $3.2 billion as of end of October..
Goldcorp came out this morning as of the end od September..about $1/2 billion but no dept...
Could let them have a little piece of KXL moosepasture for the half bil cash,I suppose...
As of end of Sept..
Third Quarter 2008 Highlights:
- Revenues increased 5% to $552.2 million on gold sales of 550,500 ounces.
- Cash flow before changes in working capital(2) increased by 14% to $237.3 million.
- Total cash costs(3) amounted to $346 per gold ounce for the third quarter and $298 per ounce year-to-date.
- Dividends of $32.1 million were paid during the quarter.
- The acquisition of Gold Eagle was completed.
- Cash and equivalents at September 30, 2008 were $454 million.
- Goldcorp remains debt-free.
Happy trading day..
Portee