Goldcorp value (September 15, 1986)

The net asset value per class A share of Goldcorp Investments as of the close of business Thursday, Sept 4 amounted to $10.32 . The closing market price on the Toronto Stock Exchange for that day was $7.75 for a discount of market value from the net asset value of 24.9%.

Gold bullion accounted for 62.1% of the portfolio while gold stocks amounted to 34.3%. Of the gold stocks, American stocks accounted for 3.1%; Australian, 0.7%; Canadian 15.7%; while South African accounted for 14.8% of the portfolio.

Other net assets took up 3.6% of the porfolio. Total net assets amount to $181.084 million.