Americas Gold and Silver Corporation T.USA

Alternate Symbol(s): USAS

Metals & Mining Industrial Metals & Minerals

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.

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Americas Gold and Silver Corporation

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Comment by alphakodiakon Oct 21, 2010 4:07pm

362 Views

Post# 17594951

RE: RE: RE: RE: RE: RE: Technically speaking.

I would agree. Baseing however will have a degree ov volatility. If equity markets should run south, independant of precious metals, at the these levels, USA may have some more digging to do. Nice little bit of manipulation at the close. Let's see if it pays off for the play maker. I somehow have my doubts. The 55plus crowd is nervous with trembling hands. 25% correction is never pleasant. Wonder what 35% feels like. Hope we don't find out.

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