Barrick -B- sold forward the silver on B's Pascua Lama project with delivery to commence in 2014. PL just got MORE enormously expensive and may be delayed. I forget the number of ounces that B committed to deliver to SW but my memory says 1 mil or 4 mil oz; but in any event B will default unless they act. Down in the valley from PL sits MRZ with the Virginia silver project; so B is bound to look at it.
MRZ is now a PM company that will draw additional attention given it's rich portfolio of projects.
Read the Shane COOK piece on KITCO.COM. It tells you why owning MRZ makes sense relative to it's peers.