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Esperanza Resources Mining News
Esperanza Resources Corp. has signed a definitive agreement and received shareholder approval to transfer its 30-per-cent interest in the San Luis joint venture in Peru to Silver Standard Resources Inc. Consideration for the sale is: $17-million.
Never mind the correction in the price of silver, says Silver Strategies Editor Sean Rakhimov; better things are ahead. "It may be volatile; it may be steep; but it should be short-lived," he says, adding that he expects silver to rise well above its 2010 high at some point in 2011. Some of that price support could come from governments entering the silver market. Find out all the reasons for this and read about some of Sean's favorite silver plays in this exclusive interview with The Gold Report.