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, 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.

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Americas Gold and Silver Corporation

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Comment by steve29caon Jan 19, 2007 2:59pm

527 Views

Post# 12052855

RE: UBS unwinding a position

Unwinding a position or just a bit of manipulation? For the past 2 days USB has been hitting the bid with dumb little 100-400 share lots and once the lots has been filled they place a new sell order at or just above the bid for another few hundred shares. Yesterday RBC stepped in and was buying 5000-10000 share lots and USB disappeared and was not the seller once RBC stopped their buying USB came back in and took the price back down with more tiny lots. I would not be surprised to see USB suddenly become a large buyer once enough sell lots become available between here and say $1.70 time will tell.

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