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Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

Metals & Mining Industrial Metals & Minerals
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

Americas Gold and Silver Corporation
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Comment by JamesBlenderon Nov 05, 2013 10:29am
252 Views
Post# 21877220

RE:RE:RE:RE:RE:Blather about USA/RXE merger.

RE:RE:RE:RE:RE:Blather about USA/RXE merger.
GoldChaser, another FRICKEN IDIOT. DrumLemon wasn't economic at $1,800 gold, needed big time cash, and was dealing with environmental problems. That mine was closed amost immediately upon merging with USA. No one in their right mind trades 30% of their company for an asset that is uneconomic. I could see it if the cost was 800 bucks an ounce, but DrumLemon was not in that league. Nice trade, an uneconomic drowning mine for 30% of USA. Yup, the big guy was very supportive of the deal......

Anyone wonder what;s coming next? Another garbage trade? More options for the insiders? How about a BIG FAT financings so someone can take a nice piece of USA at YOUR expense?
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