Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 kukamanon Jul 09, 2020 6:44am
211 Views
Post# 31243746

RE:RE:RE:Email from Investor Relations

RE:RE:RE:Email from Investor RelationsWell, except for ounces in the ground there is currently not much leverage to the silver price as USAS is only producing minor amounts of silver. Worst case scenario for USAS shareholders would be a sudden sharp rise of the silver price maybe to $30 and then drop back down again in the following months. In this case Blasutti can leave the silver in the ground for the next silver bull run. USAS is not in a position to simply press a button and increase the silver production, although they had ample time to prepare.
 
Nevertheless I do expect at some point a share price appreciation with a rising silver price simply because of the silver production potential.
 
The real focus is right now is on Gold and maybe in 1-2 years they will have a possible high leverage to silver.

<< Previous
Bullboard Posts
Next >>