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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

Post by Dennis64on May 11, 2009 7:46pm
520 Views
Post# 15984846

This Stock........

This Stock........This stock in my opinion is trading very nicely!  I have read others here appear to be trading by technicals and all I can say to that best of luck to you.  I have been in this stock for several months now and in my opinion the chart to me looks fantastic for a break out!!!  As I posted previously there is going to be some resistance to get through the .40 mark and we have seen this the past couple of days.  It is my opinion that the mm has very good control on this stock as well. From the fundimental side with production increasing and commodity prices rising I find this stock to be a no brainer!! The past couple of days we watched the mm pull the stock back looking for "traders" with stop losses and picking up cheap shares.  There may be a sideways step in the upper 30's here to clean it up but I would expect when this stock breaks it will be up and very nicely indeed!  To me the Technicals look very good!


Just my opinions and views for what they are worth.


GLTA

Dennis
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