I assume he was referring to San Gold now to Goldcorp then(2000).

Toward the end of the 20th century, Goldcorp may have been facing its end: The small Toronto-based gold-mining firm was struggling, besieged by strikes, lingering debts, and an exceedingly high cost of production, which had caused them to cease mining operations. Conditions in the marketplace were hardly favourable [sic]. The gold market was contracting, and most analysts assumed that the company’s fifty-year-old mine in Red Lake, Ontario, was dying. Without evidence of substantial new gold deposits, the mine seemed destined for closure, and Goldcorp was likely to go down with it.

In 2000, it abandoned the industry’s tradition of secrecy, making thousands of pages of complex geological data available online, and offering $575,000 in prize money to those who could successfully identify where on the Red Lake property the undiscovered veins of gold might lie. Retired geologists, graduate students and military officers around the world chipped in. They recommended 110 targets, half of which Goldcorp hadn’t previously identified. Four-fifths of them turned out to contain gold. Since then, the company’s value has rocketed from $100m to $41bn, and disaster has been averted.

$41 billion with no further dilution yields a nice return.

$132 per share to be exact.