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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

Post by YeOldGoldNuggeton Apr 08, 2011 7:08pm
727 Views
Post# 18407670

Scorpio good one.

Scorpio good one.I've been building up my position between $1.00 and $1.20 with an average of $1.20

One has to realize that this stock has been rising slow but steady from $1.00 to $1.60 for a 60% gain in only one month time. Now surely this hasn't risen as far as a First Majestic Silver or an Endeavour Silver but to each its time.

I like what I see and this stock will reach $2.00 soon enough and when it does it's all open skies beyond that.

Volume since March 1st has been steadily rising, when I check the monthly chart the two last blocks make up over 34M shares traded. That is a big jump over earlier months.

Volume picking up equals interest picking up and accumulation mode is active.

Who cares if this drops once silver drops. Just buy more.

YeOld
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