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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.


TSX:USA - Post by User

Americas Gold and Silver Corporation
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Comment by strannickon Nov 19, 2012 6:59pm
133 Views
Post# 20619760

RE: RE: RE: RE: $2.00 - 0.08 (-3.85%)

RE: RE: RE: RE: $2.00 - 0.08 (-3.85%)

The precious metals miners to metals ratio is at all time lows, and comparable to 2008. Notwithstanding a global collpase that would make 2008 like 2007, a silver miner like USA ramping up production at these prices is as big a no brainer as you can find, especially since USA is so leveraged to raising silver prices, compared to lower cost lower production silver miners.

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