Gold Resource Corp (GORO)

[stock_peeker]

Hochschild interview says they want to acquire over 50% of GORO.

http://www.livinginperu.com/blogs/business/1149

Excerpt:

2009 has been quite dynamic with respect to your acquisitions in mining. You have increased your participation in Lake Shore Gold Corp (Canada) as well as Gold Resources Corporation (USA). Will your long term goal be to control both to gain more power in Latin America?
Gold Resources has a mine in Mexico, called El Aguila (in Oaxaca). It is extremely promising. We increased our stake to 27%.

Are you planning to acquire 50% or more of the shares?
Yes, definitely. We have already talked with them (a group of geologists) and they want to rely on us for production. They want to continue exploring and we will focus solely on production.

Would that also be the plan for Lake Shore Gold?
In Lake Shore we already had 40%, but this company merged with West Timmins, so our share percentage went down to 20%. So that is why we started to buy; we now have 36%. Our goal is to continue buying up to 50% plus one.