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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 URnotUon Jul 19, 2011 1:47am
507 Views
Post# 18845456

RE: 1.86 there you go!!

RE: 1.86 there you go!!Quick visual of the charts for last 2 years clearly shows a channel uptrend with several steep bull rises and slippery retreats that line up on a straight edge.  The question is we are nearing another peak of the 2ndary accelerated uptrend.  What are the chances a new 3rd acceleration would happen or are we going to repeat history and trend side-down-ways to the bottom channel?  My thinking is the latter... but the last month has been really good.
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