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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 ERealon Mar 31, 2009 12:35am
316 Views
Post# 15883417

RE: RE: RE: Mount RBC

RE: RE: RE: Mount RBCI really hope that silver goes to $20+ so these guys can get their cumuppance. Look at the huge backwardation in silver; there are supply problems and yet they are still doing everything they can to hold it down. If you are buying physical silver you will not that the premiums on top of spot have increased dramatically in the past 2 years. If gold can have another run to $1000 I don't think they'll be able to hold down the price any more. Of course it wouldn't hurt for me to have huge profits :) but I just really want to see these guys get burned
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