Earnings Call Excerpt
Goldcorp Inc. (GG)
Q2 2007 Earnings Call
August 9, 2007 1.00 pm ET
Executives
Jeff Wilhoit - Vice President, Investor Relations
Kevin McArthur - President, Chief Executive Officer, Director
Steve P. Reid - Chief Operating Officer, Executive Vice President
Lindsay Hall - Chief Financial Officer, Executive Vice President
Charles A. Jeannes - Executive Vice President - Corporate Development
Analysts
Mark Smith – Dundee Securities
Erica Brailey - HSBC
Haytham Hodaly - Salman Partners
Tony Lesiak - UBS Warburg Inc.
John Tumazos – John Tumazos Very Independent Research
Chantal Gosselin – Genuity Capital
David Stein – Cormark Securities
Ankush Agarwals - JP Morgan
Presentation
Operator
Good afternoon, ladies and gentlemen. Welcome to the Goldcorp Inc. second quarter conference call, for Thursday, August 09, 2007. Please be advised that this call is being recorded. I would now like to turn the meeting over to your host, Mr. Jeff Wilhoit, Vice President Investor Relations. Please go ahead, Mr. Wilhoit.
Jeff Wilhoit
Thank you and welcome everyone to the Goldcorp 2007 second quarter earnings conference call. In the room with me today are Kevin McArthur, President and Chief Executive Officer, Chuck Jeannes, Executive Vice President, Corporate Development and Exploration, Lindsey Hall, Chief Financial Officer, and Steve Reid, Chief Operating Officer.
And a reminder, we’ll be discussing forward-looking information that involves unique risks concerning the business, operations and financial performance and condition for Goldcorp. Forward-looking statements include but are not limited to statements with respect to future metal prices, the estimation of mineral reserves and resources, the timing and amount of estimated future production, cost of production, capital expenditures, costs and timing of the development of new deposits and permeating timelines.
Forward-looking statements are subject to known and unknown risks, uncertainties and unknown factors that may cause the actual results to be materially different from those expressed or implied by such statements. Recording should not be placed under reliance on forward-looking statements. With that, I will now turn the call over to Kevin McArthur.
Kevin McArthur
Okay, thanks, Jeff, and thank you everyone for joining us today. The important work of integrating over $10 billion in assets, acquired last year, again, kept us busy in the second quarter. At Red Lake we continued to fine-tune a combination with Campbell with his leading to expand our production to over one million ounces of gold per year, eventually. I can report our exploration programs are seeing a great deal of success and ensuring that mine future.
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