Vancouver, B.C., March 16th, 2010 – Newstrike Capital Inc. (“Newstrike” or the “Company”) - www.newstrikecapital.com – announced today that it had received the $2 million termination fee that was due to it under the terms of its share purchase agreement with Desarrollos Mineros San Luis, S.A. de C.V. (“DMSL”). a wholly –owned subsidiary of Goldcorp Inc. Under the share purchase agre...

The Motley Fool sings the praises of Goldcorp stating that "Goldcorp's  position of relative strength among major gold miners has been years in the making and recent strategic moves to build out the company's production pipeline lay the foundation for a lasting competitive advantage over even traditional gold mining titans like Barrick Gold and  Read More » Tags

• Goldcorp
• Guerrero Gold Belt
• Los Filos Mine
• Morelos Project
• Newstrike Capital
• The Motley Fool

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With bullion process hovering around near record levels, senior global gold miners are on prowl, competing amongst each other for established and emerging projects containing gold, copper and silver. The world's largest gold producer, Barrick Gold Corp. and other large miners are pursuing copper-gold projects and gold-silver projects, as pure gold plays become scarce, said Barrick spokesman Vincent Borg. "The...