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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 insituon Mar 31, 2011 12:53pm
450 Views
Post# 18367759

RE: RE: hindsight is 20/20

RE: RE: hindsight is 20/20GEt this through your thick head.

USA will NEVER "benefit" from ANY drop in the silver price. EVER.

WE WANT THEM TO LOSE 50 MILLION on the hedge,

The more money we lose the better.

It is a sunk cost at this point.

Do you know what that means?

It is done and now we want to be WRONG.

We want that hedge to be the worst financial decision of any mining company in the history of the world.

Stop confusing people!!


This is not JMHO , it is fact.

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