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Esperanza Resources Corp V.EPZ



TSXV:EPZ - Post by User

Post by nicklebacksuckson Feb 24, 2010 11:07am
935 Views
Post# 16814682

SSO purchase imminent

SSO purchase imminentthe buyout has got to be close

SSO has raised a ton of new cash - their recent PO was over subscribed and exercised, they sold off Silvertip - which also smells a bit like a consolidation phase - divest non-core properties, concentrate on the priorities like Snowfield is rapidly becoming and, of course, San Luis - they've said they plan to spend the cash to get 70% of it by funding the feasibility study (Q2) - it's obviously going to production and they'll fund that too for their 80% - why not close the deal for the whole thing by taking out Esperanza???

only a matter of time now

picking up a few more shares while this market drifts sideways
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