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.

TSX:USA - Post by User

Americas Gold and Silver Corporation

Bullboard Posts

Comment by blue_seaon Aug 14, 2008 4:01pm

532 Views

Post# 15385182

RE: down trend

Wow! If the price for silver is expected to go in the highs of 400 US$ you can be sure that the institutionals will try anything to get any single share of the silver companies. So it's clear that they will drive any silver stock down to edge anybody out this stocks.

But even at prices for 40 US$ they will try it.

Scorpio will receive positive results from operations on Nuestra Senora IMO. So we will see how fast this stock will go up after a positive balance sheet from operations.

Don't sell this stock with a deficit because you will lose the gain. Look at the volume!

blue_sea

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario