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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, and is re-evaluating the Relief Canyon mine in Nevada, United States. 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 about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Comment by JamesBlenderon May 12, 2013 1:06am
158 Views
Post# 21369509

RE: RE: RE: RE: Grow Up All

RE: RE: RE: RE: Grow Up All

More garbage from SandySoyle, promptly backed up by the damage control team.

 

For example, managers are not God or whoever it was that put gold and silver underground.  If, as is the case in Drumlummon, the main vein that they were mining started going way down in grade, production will drop. 

 

You expect us to believe that MAGICALLY right after the merger the grade went down and NO ONE knew? What a load of garbage, especially after all the propaganda that the merger was going bring BIG synergies.

 

One could blame God,

 

Why don't we blane the IDIOTS that claimed prior to the merger that the RXE was bringing great assets to the table?

 

or perhaps blame the previous (pre-Blasutti et al) RXE management for mining first rather than doing sufficient exploration. 

 

Of course!!! Let's blame ANYONE but the people that were in charge at the time of the merger! Are you suggesting that RXE management, at the time of the merger, had no idea about what they were mining? What about all the wonderful assets they were bringing to the merger?

 

Even more exploration may not have been very helpful when you are drilling in an area with rich but very narrow veins that are easy to miss

 

Where the heII was that in the pre-merger propaganda? I didn't read anything that said, "DrumLemon has very narrow veins so when we mine them we might hit them, but we might not!" "If we don't hit them we're going to close the mine right away!" I didn't read anywhere that if we're REALLY LUCKY and hit those veins we won't have to close DrumLemon right after the merger?

 

Had the grade unexpectedly shot way up and Drumlummon produced more gold in Q1 than in Q4, that wouldn't mean management was any better than it is now. 

 

What you're really saying is that DrumLemon was just a CRRAAAPP SHOOT. Why didn't you tell everyone prior to the merger that DrumLemon was just a CRRAAAPP SHOOT?

 

Luck is a big factor on very narrow vein mines unless you have done way more exploration than was ever done at Drumlummon.

 

Oh yes, original USA shareholders were JUST UNLUCKY with their DrumLemon roll of the dice! Merging RXE with USA was just a trip to the casino! Oh, and  if you owned RXE prior to the merger and the gamble didn't work out, it's okay, you traded your RXE garbage shares for USA and all of it's quality assets.

 

No problem, right? F... YOU

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