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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (3287)	12/18/2005 11:01:36 PM
From: swannmex	Read Replies (1) of 78412

FWIW, some big money is not too worried. Scotiabank $390M expansion in Peru backed by confidence in country's economy 12:32:47 EST Dec 6, 2005 GARY NORRIS TORONTO (CP) - A $390-million deal giving the Bank of Nova Scotia 80 per cent ownership of Peru's third-largest bank is supported by confidence in the South American country's resource-based economy, executives of the Canadian bank said Tuesday. Scotiabank is spending $330 million US to acquire 80 per cent of Banco Wiese Sudameris and raise its stake in Banco Sudamericano from 35 per cent to full ownership, then will merge the two financial institutions. cbc.ca

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