Sunday, March 7, 2010

Goldcorp's (NYSE:GG) Competitive Advantage

Goldcorp's Competitive Advantage

Goldcorp (NYSE:GG) has positioned itself strongly at the best time, as the gold production company has lower costs and the right properties to continue performing strongly in the years ahead for gold investors.

At a time when most gold companies are struggling to create value, Goldcorp stands out, as over the last 15 years the company has generated close to 20 percent in returns for shareholders during that time.

Goldcorp just about has everything going for it. Scale with their numerous gold mining properties, cost control because of some low cost regions they have properites, and overall operating in stable regions where the likelihood of turmoil or geopolitical problems aren't likely to happen.

The best thing about Goldcorp is it's only costing them about $350 an ounce to produce the gold, at a time when it's probably gold won't be dropping below $1,000 an ounce for years to come.

Couple that with ongoing economic woes around the world, and Goldcorp is poised to bring investors solid returns for many years into the future.

Goldcorp's Competitive Advantage

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