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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 cyanide5on Aug 05, 2020 3:41pm
169 Views
Post# 31368736

RE:RE:Sprott playing for Silver Valley consolidation?

RE:RE:Sprott playing for Silver Valley consolidation?i sold my trading postion yesterday at 4.9 which i had been holding since around 2.6.. i will take 90% gain on that (about 13% of my total position in USA). Rest is core and looking to hold that for next 9-12 months or so... 

looks like the PM stocks are exhausted and due for a pull back which will be healthy and provide us the next leg up.. same for bullion but right now there is no stopping... however miners are not following which is a bit concerning... 

i would like to take some profits on my portfolio but yet to hit the target prices i had in mind for my initial sales to trim... so while concerned i am still very bullish overall... 

most stocks havent even reached their 2016 peaks... mostly juniors while seniors have done much better... miners are cheap... especially junior producers considering gold is at 2k and silver above 25.... 
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