Americas Gold and Silver Corporation T.USA

Alternate Symbol(s): USAS

Metals & Mining Industrial Metals & Minerals

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States of America, and is re-evaluating the Relief Canyon mine in Nevada, United States of America. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala operations are located in the state of Sinaloa, Mexico and consist of 67 mining concessions that cover approximately 19,385 hectares. The Cosala operations are located in the east-central portion of the state of Sinaloa, Mexico, near the town of Cosala. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility.

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Americas Gold and Silver Corporation

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Post by Plex1on Feb 12, 2009 12:44am

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Post# 15772871

From the google board

Sure, it appears from thier finacails that USA is in the black and
profitable if silver prices are abouve $11... If silver hits the highs
of last year or even just $14-15+ USA.V will be VERY profitable!!
That is whats going on.... there was too much uncertainty about the
price of silver....USA.V did everything they can to save money and
KEEP THE MINE OPEN! (shutting it would have cost a lot of money and
time in the long run) now it appears the price of silver is on its
way up and not looking back... 12 was a big milestone to reach

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