Mr. Allan says expectations were high for Goldcorp and low for Barrick when he took a long look at Barrick's stock in August. It was trading at $8.67 and he realized "it had gotten stupidly cheap." He put a buy rating on the stock and raised his price target to $14 a share from $12.35. The shares were trading down 5 per cent at $13.20 at 11:01 a.m. in Toronto. As of Wednesday's close the company had a market value of $11.5-billion in the U.S., compared with a U.S. market value of $9.2-billion for Goldcorp and $10.3-billion for Newmont.