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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, and is re-evaluating the Relief Canyon mine in Nevada, United States. 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 about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Comment by ziggy19on Apr 04, 2006 11:04am
460 Views
Post# 10620676

RE: new to silver

RE: new to silversaw the clip yesterday where brieger mentions this one so i`ll try to get in if possible, i am very bullish on silver and like the basket approach, these are my silver stock holdings. Silvercorp (svm) trading near 20 bucks i got in at $2.90 took profit at 8 and 11 the rest are well into the negative cost, recently did a financing at these level with warrants at further price appreciation from here, very high grade silver results in china just scratching the surface of the deposit with very little fanfare to boot wait till the investment community gets familiar with this. Endeavour Silver (edr) bought at $1.60 has required patience now trading near 5 bucks, paul van eden is a happy holder and thats good enough for me. soon to be a 5 million ounce producer yet with only 13 million ounces in reserves so they must be pretty confident on expanding those numbers. First Majestic (fr) run by the same individual who started first quantum where a group of copper properties was developed and sold to the highest bidder , has now took that same game plan to silver, got in at $1.60 now trading at $3.70 in my opinion an excellent entry price considering sprott recently did a financing at 4 bucks, can you imagine what happens to the share price if embry makes it a top pick? Ima Resources (imr) huge deposit in argentina 300 million ounces plus, currently in property dispute with aquiline the case has been heard and a decision is expected soon, if decision is favourable should be off to the races. also own palmajero.
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