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South American Silver Seeks Clarification From Bolivian Government

Investing News Network
Jul. 11, 2012 07:16AM PST
Silver Investing

The Bolivian government has made statements that it intends to nationalize the development stage Malku Khota silver-indium-gallium project, and South American Silver Corp. (TSX:SAC) has expressed extreme disappointment over this.

The Bolivian government has made statements that it intends to nationalize the development stage Malku Khota silver-indium-gallium project, and South American Silver Corp. (TSX:SAC) has expressed extreme disappointment over this.

South American Silver has not received any formal notice from the Bolivian Government about the cancellation of its concession and is actively seeking clarification about the government’s intentions.

South American Silver President and CEO Greg Johnson said:

“We strongly object to the government’s stated course of actions and we will pursue all legal, constitutional and diplomatic options,”

Click here to read the South American Silver Corp. (TSX:SAC) press release

See this press release on Marketwire
Click here to see the South American Silver Corp. (TSX:SAC) profile

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