Goldcorp value (October 06, 1986)

The net asset value of Goldcorp Investments as calculated at the close of business of Sept 18 amounted to $10.68 per class A share. The closing market price of the share on The Toronto Stock Exchange was $8.50 for a discount of 21.6%. The total net assets of the portfolio amount to $187,335,000 with gold bullion accounting for 61.2%. Gold stocks make up 35.3% of the portfolio. The breakdown is 3.1% American, 0.7% Australian, 15.6% Canadian and 15.9% South African. Other net assets amount to 3.5%.