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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 strannickon Apr 29, 2013 3:20pm
123 Views
Post# 21315223

RE: RE: RE: RE: Whiners drone on and on

RE: RE: RE: RE: Whiners drone on and on

I'll be more specific. 

First FC says US Silver isnt suffering from a lower silver price, then FC says US Silver is down because its getting $6 an ounce less for its silver. You see a problem here?

Like I said a bunch of times before, the merger with Drum saved us from being gobbled by Hecla. Cridwell was willing to lie about the vote being against Drum to influence shareholders, and JB arrives out of the blue and his posts exclusively bash this company. Like everyone else here, I wish salaries were less, and them paying themselves big before the silver price crashed is bad timing. 

Since the merger, gold and silver prices have crashed, which is especially critical for higher cost/volume producers like USA. Since the merger, most juniors prices have dropped by about 50%. 

The important question here, is whether US Silver is good value here and now. It is. Is US Silver great leverage to a rising silver price. It is. If you think it isnt, stop wasting your time, and everyone's time with incessant, uninformative whining. Sell and get lost.

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