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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 peruchocanuckon Apr 14, 2013 11:47pm
278 Views
Post# 21253207

Time to go into hibernation - suspended animation

Time to go into hibernation - suspended animation

 

PM's are going to have to refuse to sell physical gold.and silver They need to bank as much as they can and remove supply.

Bring supply as near to ZERO as possible. Then the physical market can really detach from the paper market. At this prices the ore reserves in the ground are a safer store of value than paper money in an insolvent bank....time to go into suspended animation....

 

 
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