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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 whypromoteon Dec 14, 2010 12:13pm
597 Views
Post# 17843751

RE: RE: RE: RE: RE: RE: Peter Brieger : BNN

RE: RE: RE: RE: RE: RE: Peter Brieger : BNN........There are NO FACTS in the news release other than he was released fromhis position. Everybody is assuming something has occurred......

That is the companies problem - NO FACTS in the release. NO INFORMATION...and they hide it late on a friday, after the close? Come on. The fact that he is still a director is meaningless - shareholders vote for them...in or out.

Poor PR management....unless their hands are tied by legal council. When you see this....you sell and ask questions later. Good news does not normally follow a release such as the one on 12/10. What did the new CEO find when he walked in the door? If anything? Didn't he do DD?

I have some buy orders in at $.80...we'll see.

Best to sit back and watch.


p



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