6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 _________________

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

Date: December 19, 2003

GOLDCORP INC.
(Registrant's Name)

145 King Street West, Suite 2700
Toronto, Ontario MSH 1J8
CANADA
(Registrant's Address)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F           Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes       No

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

GOLDCORP INC.
By:	/s/	R. Gregory Laing
	Name:	R. Gregory Laing
	Title:	Vice President, Legal

Date: December 19, 2003

EX-1

PRESS RELEASE

GOLDCORP INVESTS IN PLANET EXPLORATION INC.

Toronto, December 19, 2003 - GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to announce that it has purchased (as part of a non-brokered private placement) 1,800,000 units of Planet Exploration Inc. ("Planet") (PXI:TSX Venture Exchange) at a price of CDN$1.40 per unit. Goldcorp subscribed for such units on November 28, 2003 and the transaction closed on December 15, 2003. Each unit consists of one common share and one nontransferable common share purchase warrant providing the right to purchase one common share at a price of CDN$2.00 per share until December 15, 2005.

Goldcorp now owns 13.4% of the outstanding shares of Planet. Assuming Goldcorp exercises the balance of its warrants, the Company will own 23.7% of Planet on a partially diluted basis. These units were purchased for investment purposes. Planet intends to use the proceeds of this private placement to fund its ongoing exploration activities in Ontario, Mongolia, Mexico and China and for general working capital purposes.

Goldcorp's Red Lake Mine is the richest gold mine in the world. The Company is in excellent financial condition: has NO DEBT, a Large Treasury and Strong Cash Flow and Earnings. GOLDCORP is completely UNHEDGED and pays a dividend twelve times a year. Goldcorp's shares are listed on the New York and Toronto Stock Exchanges under the trading symbols of GG and G, respectively and its options trade on the American Stock Exchange (AMEX), the Chicago Board of Options Exchange (CBOE) and the Pacific Stock Exchange (PCX) in the United States and on the Montreal Exchange (MX) in Canada.
 

For further information, please contact:	Corporate Office:
Chris Bradbrook	145 King Street West
Vice President, Corporate Development	Suite 2700
Telephone: (416)865-0326	Toronto, Ontario
Fax: (416)361-5741	M5H 1J8
e-mail: info@goldcorp.com	website: www.goldcorp.com