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Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

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.


TSX:USA - Post by User

Post by __D__on May 21, 2009 12:23am
589 Views
Post# 16005891

9 months...

9 months...That sounds too optimistic to me Greg... 

We need:
1. A recovery
2. Metal demand
3. Mine production ramp up
4. One quarter of decent earnings per share

I think it's the first one that is the real question...
I guess that's so obvious it is almost silly to say
Everyone would love to know if/when the recovery will start... 

I can't think of a catalyst that would put the world on that fast a track
There is still too much work to do in the financial markets
Then there is the US housing market
Employment has to rise enough that the people have faith...
etc...

On the bright side....Ya know what....
Think about this for a second
Management must be pretty darn confident to be just "balancing revenue"

It's like they are saying "we've got something good here and we are not going to sell it cheap"

Go Longs!
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