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.

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Americas Gold and Silver Corporation

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Comment by realmoneon Apr 21, 2009 1:05pm

312 Views

Post# 15933546

RE: realmone

Thanks for that. I just got off the phone with the TO office and spoke with the Ceo and had about the same response regarding the RBC thing. He did say that one fund held 10% and hadn't given any indication that it was unloading, so he was clueless as to why RBC or who RBC was selling for.

He did say things were going fairly well at the mine and other than a few equipment break downs they expect to be able to sustain 200k plus per month. They feel they can easily attain 300k, but would like to see a stronger silver price before moving forward in that regard.

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