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Message: sean rakhimov says market will recover

sean rakhimov says market will recover

posted on Dec 03, 2008 06:05AM

the silver analyst sean rakhimov was interviewed by the gold report, and this was his mention of esperanza:

TGR: Esperanza Silver Corp. [TSX.V:EPZ]?

SR: Esperanza is a similar story. I like the management, very conservative. This is a pure exploration company. They do not plan to be in production, not that I know of. They have discovered two deposits: one in Peru and one in Mexico. I think the deposit in Mexico is about a million ounces of gold. In Peru, which should be roughly three quarters of a million ounces of gold, they have a JV with Silver Standard. That one is a higher grade. This is a grassroots exploration company, they like finding deposits. They found two in the recent past, so I expect more good things from them.

http://seekingalpha.com/article/1089...

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