Monday, December 8, 2008

Sionara Apex Silver

The fabulous San Cristobal zinc and silver mine was purchased by Sumitomo Corp of Japan - one of our favorite stocks.

Sumitomo assumes full control of the mine, having owned 35% of it already for about $22 m.

Now it is on them to contend with investor's bogeyman - real or imagined - Evo Morales.

http://www.reuters.com/article/marketsNews/idINT29422220081117?rpc=44

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