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.

TSX:USA - Post by User

Americas Gold and Silver Corporation

Bullboard Posts

Comment by insituon Mar 01, 2011 11:25am

104 Views

Post# 18212037

RE: Hedging

I agree this would be a good spot to buy some SLV puts.

The plan would be to have USA be around 70 cents or higher, sell some and buy the puts.

Instead we are 63 cents with silver pushing $35 and I can't bring myself to do it due to the inherent value of USA.

I'm trapped.

Bullboard Posts

A PGM mining stock with value written all over it