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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 JamesBlenderon Oct 18, 2013 12:06am
151 Views
Post# 21826059

RE:RE:Drummlumon - not considered an asset anymore?

RE:RE:Drummlumon - not considered an asset anymore?
Let's just sweep DrumLemon under the rug and forget that long time shareholders traded 30% of their shares for the completely worthless garbage. No problem.... let's just focus on giving management millions of options for that fine DISASTER. And since DrumLemon is sucking cash flow from the real assets let's just do a highly dilutive financing further giving it to shareholders right up the wrong end.

Seriously? If they can't even admit to owning the piece of GARBAGE why did we do the deal in the first place? Well, the answer is simple..... The pretend to be nice guy and his cronies wanted to trade their worthless shares in DrumLemon for the real shares of USA. Now that they have succeeded passing off their trash why bother with admitting they ever owned it.

At this point one might even wonder if they're going to do it again? Past performance is a good indicator of future performance. That was a highly beneficial trade so why wouldn't you do it again? Not a bad deal, trading garbage for silver.....
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