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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

Comment by __D__on Dec 02, 2010 12:49pm
330 Views
Post# 17790276

RE: Sinking ship

RE: Sinking shipIdeally I would like a slow steady upward sp move with consolidations along the way.

I hope management concentrates solely on developing the mill and mines.

Someday we will get the new report.
Then hopefully an anouncement re: millexpansion
Then news on the open pit development
in comming years Intermediate re-rating

If they simply keep doing what they are doing the sp will come to us.

I do not think that Silver going up another dollar or two is what this stock is waiting for.
report results, millexpansion, mine expansion, proof of prod increase, proof of low costs
expectations for years of good base metal prices then... the icing... the silver.

I like how they are running the company.

If you want to trade the silver run I would not use this stock because silver is not the main point here
I have not done the math, but silver could probably double and the results next quarter would better
but probably not better by as much as some other companies

But... this one is a keeper.

I'm still Long, still accumulating and well into the black.

GLTAL.
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