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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 JamesBlenderon Oct 19, 2013 8:05pm
202 Views
Post# 21830931

USA More Insider Risk Than Hecla

USA More Insider Risk Than Hecla
You  have to factor in the other issues, too. With USA you risk having your investment traded for garbage so the big players can benefit at the expense of the common shareholder. Like trading 30% of their shares for a bankrupt company. You also have to suffer the consequences of insiders awarded themselves options every several months, at the same time the common shareholder is taking huge losses as the share price drops through the floor. You also have to bear the burden of dilutive financings that further destroy shareholder value because USA is now spending cash on a drowning mine. You even have to listen to nauseating  propaganda about the superior management team USA has now. At least with Hecla you don't have to deal with all that garbage..........
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