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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 whypromoteon Apr 29, 2010 10:23am
540 Views
Post# 17043533

Trades....

Trades....
Just heard this(below) which makes some sense but 2 days in a row? And US trades are all funneled thru TSX so?
Lets see if 3 is the charm? See below.

p


<<The Company does not believe these trades(18 mill US pinks) are accurate because thesymbol is an indicative symbol which ONLY US market makers use to facilitatecross-border transactions on behalf of retail brokers buying for US clients andit only updates once every 24hrs.  If in fact 18M shares would have tradedon this pink sheet quote medium, the stock transaction would have been seenimmediately on the TSX.SPM quote.  SPM doesn’t have a registration statement filedwith the US SEC, thus the symbol is only valid for cross-border transactions toeffectuate a trade onto the Toronto Stock Exchange. If SPM, in the futureelects to file a FORM-20-F with the US SEC under the 1934 Act and pursue alisting on one of the exchanges in the US, then I would be more incline to bethe trade accuracies on volumes.>>

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