Agoracom: Small Cap Investment - Esperanza Silver Corporation - Esperanza Picked in ProspectingJournal's Latest Silver Commentary

Welcome To the Esperanza Resources Corporation HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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ProspectingJournal

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Esperanza Picked in ProspectingJournal's Latest Silver Commentary

posted on Feb 11, 2011 12:51PM

From the ProspectingJournal.com:

"Esperanza Resources [EPZ – TSX.V]
Current Price: $2.03
52 Week Range: $1.11 - $2.48
Mkt Cap: $108.90M
A big day for Esperanza raised the stock price by 4%, but this is indicative of the recent surge the stock has been running up 16% since February 2. Built around the model of using Joint Ventures to push its projects forward, Esperanza is involved in multiple projects in Peru and Mexico. Prospect generation is their nature, and they've got plenty to boast. Their primary focus is gold at its Cerro Jumil property in Mexico, but since we're writing about silver in this commentary, our attention is turned to the San Luis project in Peru. This joint venture project with Silver Standard Resources has a NPV of $109 million with projections of producing 1.9 million ounces of silver annually. Giving Silver Standard [SSRI - NASDAQ] the tab to bring this project into production lessens the risk involved, but does give Silver Standard the opportunity to seize and 80% interest. Given this company's track record of discovering projects, Esperanza has a solid model going forward, with room to grow. They've seen above $4 prices in the past, and there's confidence they can meet their pre-2008 levels again."

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