South American Silver Corp - Gearing up for 2012
May 17th 2012 - Edison Investment Research today published a report on South American Silver Corp entitled "Gearing Up For 2012". In summary, the report says:
A potentially significant catalyst to SAC’s share price performance will be the release of an updated Malku Khota preliminary economic assessment (PEA) due in June 2012, focusing on refining operating (including potentially increased annual production) and cost parameters. Following this release we expect a positive re-rating of our valuation, which currently stands at US$8.04/share for Malku Khota (adjusted for Q112 financial results and the recent US$16m fund-raising/dilution) and US$1.19/share for the sizeable 4.5bn Ib copper equivalent Escalones resource in Chile (on an EV/tonne basis).
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