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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 simon81on Sep 22, 2010 9:56am
368 Views
Post# 17478128

RE: RE: USA.WT

RE: RE: USA.WTMetcoalfan
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With all my respect, I don't want to offend you, but you should do some research on the value of a warrant in term of leverage. When the warrants came in the market last year, US Silver was below $ 0.155. Those warrants were valued $ 0.075.
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By the way, I have some USA shares also. I was just saying that if you believe in US Silver for long term value (like I do), the best investment, right now, in term of leverage is in the warrants. DYODD
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On the other hand, I would accept any criticism concerning the liquidity of the warrants. I must confess that they are less liquid than the standard shares, so it's harder to get out of them with profit. But for long term shareholders, it's a really good investment right now @ $ 0.25.
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I appreciate your post, Met. It gave me the chance to explain myself and to not look as a simple pumper.
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Regards.
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Simon
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