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Gold/Mining/Energy : Esperanza Silver

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To: AurumRabosa who wrote (24)5/15/2007 8:57:32 PM
From: sageyrain   of 53
 
Esperanza will end up with 20% after Silver Standard funds the project through to production. That is part of the reason I assign a premium to their in situ Au ounces, the free ride that just kicked in. The other reasons are that the upper part will be open pitable and the lower part will be accessible by a fairly short ramp. Coupled with high grades, this deposit is going to be cheap to mine and very profitable.
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