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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 Galena Complex in Idaho, United States of America (USA) and the Cosala Operations in Sinaloa, Mexico, and is re-evaluating the Relief Canyon mine in Nevada, USA. 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 100 % 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 presto10on Dec 09, 2007 2:53pm
444 Views
Post# 13991924

RE: Re: 13% in SPM

RE: Re: 13% in SPM"I am playing loose with my winnings for sure!" - Agreed this is a sure fire way to lose money - we are all humans and have egos and the taste of success makes one think he is smarter than he probably is! Regarding 5% max in one portfolio I personally don't agree. Depends on your risk/reward tolerance and how good your fundamentals DD is but it is hard to make really good returns in the market w/ that kind of diversification. For one thing if you are lucky enough to grab onto a winner and you liquidate to maintain that rule, you've just 'sold' your big home run. Just passing thru....
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