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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 jojo57on Apr 19, 2013 12:13pm
152 Views
Post# 21279224

Something to think about......

Something to think about......

In 08 there was a problem with liquidity and all big investors pulled out of all markets"banks and the rest of the herd" no matter how well any company or asset, including Gold and silver were performing. A year ago we were told miners were cheap and they were, today they are down right cheap. Know most that were saying the mining stocks were a better investment to be in. Are now saying  that one should be holding the metals and not in the banking system. We all know there is value in these companies that are getting hammered, but if liquidity is being taken out of a sector, one should hope it returns before another crash!

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