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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 __D__on Jan 25, 2011 12:36pm
467 Views
Post# 18023256

LOL...

LOL...You're joking....

Let me guess.... The sky is falling.... ?

The emerging markets will not require metals because they....

Gold and Silver are pulling back so they must continue to drop because the $US is suddenly in much better shape...

spm was able to borrow money and build a mine from scratch... but now that they have it up and running they will not be able to refinance the debt because liquidity is so tight and rates so high...


Look...
We will get the new 43-101 between now and march.
Then the board will vote on building an open pit mine on the Platte River property and expanding the existing mill.
This will add value to the stock and we will do well.
Bullboard Posts