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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 May 25, 2010 5:18pm
671 Views
Post# 17130063

FYI....

FYI....


Interesting chart from the WSJ online...

https://online.wsj.com/article/SB10001424052748704792104575264863069565780.html?mod=crnews

Compared to 2 bubbles i lived thru? Add the Nikkei from the 80s!!!

Is Gold the Next Bubble?




The chart is below, and it's both an eye-opener and a spine-tingler.

[ROI_100524]

Itcompares the rise in gold today with the rise of the Nasdaq in the1990s and the Dow Jones index of home-building in the 10 yearsleading up to 2005-06.

They look uncannily similar to me.

Sofargold has followed the same path as the previous two bubbles. And ifitcontinues along the same trajectory—a big if—gold today is onlywherethe was in 1998 and housing in 2003.

In other words, just before those markets went into orbit.

Maybethe smart is out of gold today. But how easily we forget that thesmart money got out of these past bubbles way too early. The really smart money knows you make the most money in a bubble right at the end, when it goes manic.

There are other reasons to think that gold is still a long way from that point.


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