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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

Post by nuke111on Oct 18, 2007 9:32pm
248 Views
Post# 13600373

answer to an inbox

answer to an inboxMy brother and me have gone to the silver conference for the last four years and have learned a great deal. What really inpressed us about usa was one The management has a plan to get the mine up and running which they have done just as they said they wood. They have two working mines and most of the lead silver ore was never mined but bypassed looking for the high grade silver cu ore. When we talked to management they showed us on the map of the mine that if they wanted to they could have 100 million ounces of silver in the inferred area with the drilling that they have now but want to drill the deposits out first so that they are always over achieving and under promising. The only other company that I have talked to that had that mind set has been fr.v which I have owned sine $1.25 they were the # 2 pick at the conference this year due to by the end of next year will have 300 million ounces on the books. If you look at the lucky Friday mine run by Hecla the silver goes very deep in Idaho and I believe that USA will only scratch the surface of the silver that they have before this Bull Run is over in the next 10 years. This is a very new company that was not even at the silver conference last year and so they are one of those undiscovered stocks that you only wish you had got in at the beginning. Hopes this helps
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