South American Silver Corp.

Published : February 22nd, 2012

Gold Newsletter Recommends South American Silver

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Keywords :   1971 | Bolivia | Chile | Copper | El Teniente | Gallium |

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In the February issue of Gold Newsletter, respected editor Brien Lundin issues a Strong Buy recommendation on South American Silver Corp. (TSX: SAC: US OTC: SOHAF), highlighting the recent discovery of a massive new copper and gold resource in Chile by the company, effectively doubling the company�s in-the-ground resources.

Mr. Lundin argues that this recent development along with anticipated progress on the company�s world-class silver-indium project are catalysts likely to vault the shares significantly higher over coming months. It is a compelling read for resource investors seeking growth and value in today�s market.

South American Silver is a highlighted company by Natural Resource Investor newsletter, and presently trades in a range of $1.75 - $2.00/share showing outstanding upside potential over the next 12 months.

Please continue down the page for the Gold Newsletter recommendation. For more information about South American Silver, please call Greg Johnson, CEO, or investor relations at 604-681-6926, and visit www.soamsilver.com.

Sincerely,

The Editors
Natural Resource Investor

Communications for South American Silver Corp.

 

gold newsletter reco

gold newsletter reco

 

 

 

South American Silver

SAC.TO; SOHAF.PK, 855-681-6926, soamsilver.com

 

gold newsletter reco

gold newsletter reco

 

In my initial and ongoing recommendations of South American Silver, the primary impetus for my addition of this company to our list was Malku Khota, a Bolivia-based silver-indium-gallium project that hosts one of the world's largest undeveloped deposits of said metals.

That impetus still exists, but it recently got a huge boost from the first-ever resource estimate released on the company's Escalones copper-gold project in Chile. The estimate, which came out shortly after we issued last month's letter, pegs Escalones' inferred resources at 420 million tonnes of mineralized material containing 3.8 billion pounds of copper, 56.9 million pounds of moly, 610,000 ounces of gold and 16.8 million ounces of silver.

The estimate assumes a 0.2% copper-equivalent grade and a long-term copper price of approximately $2.50/pound. According to the company, this resource contains copper-equivalent content of 4.5 billion pounds of copper grading 0.49% (using three-year average metals prices of $3.00/pound copper, $1,200/ounce gold, $22/ounce silver and $16/pound moly).

The deposit outlined at Escalones is open laterally and down dip and lies within a world-class mining district in Chile. That district hosts nearby El Teniente, the largest underground copper mine on the planet.

A Phase II drilling program will soon be underway. Drilling is scheduled to be complete by April of this year and should run to about 7,000 meters.

 

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Simply put, this resource estimate confirms that South American Silver now controls two world-class assets, with Escalones and Malku Khota being roughly equivalent in terms of value, size and scale. The near-term goal for Escalones is further drilling and resource expansion; the goal for Malku Khota is to advance the project to the prefeasibility level.

In addition to the aforementioned follow-up drilling program on the existing resource at Escalones, the project will also see geochemical and geophysical testing to identify new targets.

The market continues to deny South American its due in terms of market capitalization. The current discount has much to do with Bolivia's perceived country risk and a volatile market for the metals in general.

But remember, this company has big, well-connected money backing its efforts to get Malku Khota developed in Bolivia and, sooner or later, investors are going to realize that South American Silver is well on its way to turning this huge silver-indium-gallium deposit into an operating mine.

Combine that with a newly-outlined, multi-billion-pound copper deposit at Escalones, and you have the recipe for one severely under-valued company. It remains a strong buy.


South American Silver Corp.

Recent Share Price:

 

C$1.87

gold newsletter reco

Shares Outstanding:

 

99.9 million

gold newsletter reco

Market Cap:

 

C$186.8 million

gold newsletter reco

Shares Outstanding
Fully Diluted:

 

117.3 million

gold newsletter reco

Market Cap
Fully Diluted:

 

C$219.4 million

 

gold newsletter reco

 

 

 

gold newsletter reco

 

 

 

 

 

gold newsletter reco

 

� 2012 Jefferson Financial, Inc. All rights reserved. Published by Jefferson Financial, Inc., 111 Veterans Memorial Boulevard, Suite 1555, Metairie, LA 70005. Subscription Price: $198 per year. Foreign orders, please add $35/year for postage and handling, Canadian orders, please add $10/year. Single issues available for $20 each. New subscribers may cancel their order anytime and receive a full refund on all unmailed issues. Make checks payable to Jefferson Financial. Gold Newsletter was founded by James U. Blanchard III. Editor: Brien Lundin; Art Director: Kevin Pilet; Production Manager: Beth Capritto.

 

 

 

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For subscription details, please call (800) 877-8847, or send E-Mail to gnlmail@jeffersoncompanies.com. The publisher and its affiliates, officers, directors and owner actively trade in investments discussed in this newsletter. They may have positions in the securities recommended and may increase or decrease such positions without notice. The publisher is not a registered investment advisor. Subscribers should not view this publication as offering personalized legal, tax, accounting or investment-related advice. The news and editorial viewpoints, and other information on the investments discussed herein are obtained from sources deemed reliable, but their accuracy is not guaranteed. Authors of articles or special reports are sometimes compensated for their services.

 

 

 

 

 

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Data and Statistics for these countries : Bolivia | Chile | All
Gold and Silver Prices for these countries : Bolivia | Chile | All

South American Silver Corp.

EXPLORATION STAGE
CODE : SAC.TO
ISIN : CA8363071082
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South American Silver is a silver exploration company based in Canada.

Its main exploration properties are ESCALONES in Chile and MALKU KHOTA in Bolivia.

South American Silver is listed in Canada. Its market capitalisation is CA$ 61.7 millions as of today (US$ 47.0 millions, € 41.7 millions).

Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.10, and its highest recent level on April 15, 2011 at CA$ 3.35.

South American Silver has 251 990 000 shares outstanding.

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Corporate Presentations of South American Silver Corp.
3/30/2010March 2010 Corporate Presentation
In the News and Medias of South American Silver Corp.
2/26/2009South American Silver Advances a World-Class Silver Discover...
Annual reports of South American Silver Corp.
2009 Annual Report
2008 Annual Report
2007 Annual Report
2006 Annual report
Financings of South American Silver Corp.
5/16/2012South American Silver Corp. Announces Final Closing of $16 M...
5/7/2012South American Silver Corp. Announces Final Closing of $16 M...
Nominations of South American Silver Corp.
12/4/2013Announces Appointment of New President and CEO
12/2/2013SAC South American Silver appoints Fitch as president, CEO
8/28/2013Announces Appointment of New Director
7/9/2013Announces Appointment of New Director
8/27/2012Announces Appointment of Full-Time CFO
8/16/2012Announces Change in President and CEO
3/30/2010Appoints Greg Johnson as President and CEO
Financials of South American Silver Corp.
11/15/2013Files Third Quarter 2013 Financial Statements and MD&A
8/9/2013Files Second Quarter 2013 Financial Statements and MD&A
5/11/2013Files First Quarter 2013 Financial Statements and MD&A
11/10/2012Files Third Quarter 2012 Financial Statements and MD&A
8/15/2012Files Second Quarter 2012 Financial Statements and MD&A
6/13/2011Files First Quarter 2011 Financial Statements and MD&A and R...
3/22/2011Year End Financial Results and Project Update
3/31/2010First Quarter Ended March 31, 2010
11/14/2009Third Quarter Ended September 30, 2009
6/30/2009Second Quarter Ended June 30, 2009
Project news of South American Silver Corp.
6/29/2013(Escalones)s Resource at Escalones in Chile
3/29/2013Files Annual 2012 Financial Statements and MD&A, and Project...
2/13/2013(Escalones)Severe storm interrupts South American Silver's drilling pro...
12/10/2012(Escalones)Recommences Drilling at the Escalones Copper-Gold Project in...
3/1/2012(Malku Khota)South American Silver Advances Escalones and Malku Khota Pro...
3/1/2012(Escalones)South American Silver Advances Escalones and Malku Khota Pro...
12/19/2011(Escalones)Announces 4 Billion Pound Copper Discovery in Chile
12/6/2011(Escalones)Reports Surface Sampling and Drill Results from Escalones Co...
5/4/2011(Malku Khota)Provides Update on Malku Khota Silver-Indium Project
4/18/2011(Malku Khota)Clarifies Private Ownership and Status of the Malku Khota Pr...
3/31/2011(Malku Khota)Updated Malku Khota Study Doubles Production Levels and 1st ...
3/16/2010(Malku Khota)Discovers New High-Grade Silver-Gold-Indium Vein System at M...
11/14/2008(Malku Khota)Files a Technical report
Corporate news of South American Silver Corp.
2/27/2014Announces Intent to Change Name
2/27/2014Announces Intent to Change Name to TriMetals Mining Inc.
2/3/2014Provides Update on International Arbitration Case Against th...
10/21/2013Enters into an Agreement to Acquire High Desert Gold Corpora...
8/14/2013(Escalones)Files NI 43-101 Technical Report with Updated Escalones Reso...
7/17/2013Announces Amendment to Option Agreement
5/24/2013Announces Arbitration Costs Funding Arrangement
5/22/2013Announces Annual and Special Meeting Results
4/30/2013Files International Arbitration Against Bolivian Government
4/2/2013(Escalones)Intersects 12.19 g/t gold in a New Gold Zone at the Escalone...
3/20/2013Adopts Advance Notice By-Law
1/21/2013(Escalones)Intersects Secondary Copper Enrichment Mineralization at the...
1/7/2013Announces US Trading on OTCQX
12/13/2012Provides Update on Bolivian Investment Dispute
10/24/2012(Malku Khota)Notifies Bolivian Government of an Investment Dispute over t...
10/10/2012Vehemently Denies Recent Allegations Made by the Bolivian G...
10/9/2012Vehemently Denies Recent Allegations Made by the Bolivian G...
9/19/2012(Escalones)Announces New Copper Oxide Zone at the Escalones Project in ...
8/3/2012Announces Receipt of Formal Decree and Provides Update on Pl...
7/11/2012Responds Strongly to Bolivian Government Statements
7/11/2012Byron Capital Recommends South American Silver
7/9/2012Two Employees Freed, South American Silver in Discussion Wit...
7/4/2012Provides Further Update on Bolivia
6/14/2012provides update on Bolivia
5/24/2012Announces Annual General Meeting Results
5/14/2012Files First Quarter 2012 Financial Statements and MD&A and P...
5/8/2012closes $9.6-million final tranche
5/7/2012Announces Final Closing of $16 Million Financing with Asian ...
4/23/2012Northern Miner: Asian investment creates buzz about South A...
4/21/2012Announces First Closing of Financing with Asian based High T...
4/17/2012Considering the Other Mega-Project in the Company's Portfoli...
4/16/2012Announces $16 Million Financing With Asian Based High Techno...
4/3/2012Byron Capital Recommends South American Silver
3/21/2012Files Annual 2011 Financial Statements and MD&A and Project ...
2/22/2012Gold Newsletter Recommends South American Silver
1/25/2012Jay Taylor Recommends South American Silver
1/11/2012Recommended by Edison Inv'm't Research, London
8/15/2011Files Second Quarter 2011 Financial Statements and MD&A and ...
5/16/2011Files Economic Assessment and Resource Estimate Report and A...
5/13/2010Management’s Discussion & Analysis May 13th, 2010
3/24/2010Files Fiscal 2009 Annual Financial Statements
11/14/2009Management’s Discussion and Analysis of Financial Position a...
6/30/2009MDA of Financial Position and Results of Operation - June 30...
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