In this article we will examine the Alamos Gold (NYSE:AGI) recent acquisition of Esperanza Resources Corp (OTC:ESPZF), a gold and silver explorer focused primarily in Mexico.
We will be examining this acquisition to try and understand the reasons that Alamos Gold would want to acquire ESPZF. This is important for AGI investors because it can allow them to judge if this is a good deal for AGI or not. Additionally, it can provide an idea of what companies look for in an explorer prior to acquisition.
So now let us do a brief examination of Esperanza Resources.
Overview of the Esperanza Resources
Esperanza Resources principal asset is its 100%-owned Esperanza Gold Project (formerly referred to as...
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