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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 namehijon Apr 28, 2011 8:25am
521 Views
Post# 18499183

reporting of earnings

reporting of earningsI bet it either happens today or tomorrow. Going out on limb.

Here are the news releases  I expect to happen by the end of May.

1. 2010 earnings release.
2. New resource update--upped significantly. Further discussion of 2011 drilling plans.
3. 1st quarter production and costs.--500-600 k oz disappointing. 600-700 k sounds  good. 700K oz. exciting, 750+ attention grabbing!  Expectations on costs for year 9-12.50. Higher byproduct credits vs. 2009 based on higher copper and lead prices should bring it down to below 12.50 at least.
4. 1st quarter earnings
5. Mention of stock by a few experts on gold report.
6. Analyst coverage.

This and $1 plus by the end of May. With silver in the 35-65 range. Bright future.

Still holding out for 3-5 share price by end of year. May not get there--but will be disappointed if not $2 plus.
Of course, it wouldnt surprise me to see this as part of bigger organization unless share price becomes more comparable to peers.

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