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 billyrubinon Nov 01, 2010 7:07pm

407 Views

Post# 17642152

RE: WOW!

Hey all!

Whats going on here...there is buz all over the internet and newsletter writers in the past 72 hours that there is going to be a huge melt-up in silver starting in the middle of the month. A huge bank squeeze at HSBC and short squeeze coming. Target prices are from $32 to $50 an ounce by year end. So maybe someone wants to leverage to the action by buying a junior like USA.

Lots of money coming out of the REE's. Some think it will go into moly or uranium ....I think silver will see the smart money.

Cheers,
Billy.

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