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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 blue_seaon May 21, 2008 11:33am
374 Views
Post# 15094038

RE: News-Resource Estimate

RE: News-Resource Estimateit seems to me that CML is a big push, they need to much dilution to went in production. There are other companies that have big problems to bring up the money in the current capital market to go in production, to mention here AUA (molybdenum play).

SPM is financed and near to commercial production. This stock is undervalued, look at the reserves and recources and the big potential to expand them.

This stock could rise to 5 $ in summer, when other stocks go south. Just remember EDR or GGC last year.


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