I have been warning you guys about fake assets and miners that are trading substantially below book value.  I have also warned about the “Goldcorp Gang.”  Goldcorp is an impairment nightmare.  4.9 billion in assets just went poof due to an impairment.  Their latest quarter was nothing short of a disaster and it is no wonder Chuck Jeannes is leaving.  Cochenour gone.  Eleonore absolutely terrible… Penasquito absolutely horrific and terrifying 2016 guidance… there is ABSOLUTELY NOTHING GOOD IN THIS REPORT.  It is a nightmare and if this report were issued with gold at 1050 Goldcorp would be a 6$ stock.

I have never seen a company so blatantly mislead their shareholders as much as Goldcorp has post McEwen.  If you own Goldcorp, get out.  If you own anything related to the Goldcorp Gang including Taho (you see how they do business with Lake Shore), Primero Mining, and Silver Wheaton (you see how  tax problems happen to crop up out of a former Goldcorp entity?) get out and buy names with skin in the game and good management.  These include McEwen Mining, Pan American, Newmont, and Richmont.