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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 caramel55on Dec 29, 2009 8:57pm
326 Views
Post# 16624660

RE: RE: RE: USA over $1 in 2010? Take the train

RE: RE: RE: USA over $1 in 2010? Take the trainthe stock will move along with the price of silver, keeping everything else constant.  USA should be near break even this quarter and very likely to be profitable next year if silver prices stay where they are, at a minimum.
my hope is that USA continues to explore and find more silver, whether at its flagship mine or elsewhere.  New and significant discoveries would really move this stock in addition to the price of silver.  
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