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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 PAiron Mar 12, 2012 9:36am
454 Views
Post# 19656997

RE: This stock is horrible

RE: This stock is horrible

Well it looks like you're looking for a stock to trade in and out of. On a 1 year chart Scorpio has outperformed Great Panther and First Majestic to speak of only two. On the other hand both of those are doing better on a 3 month chart, but the corrections we have seen have also been less severe in Scorpio. So it's less volatile then the other two. I own all 3.

 

This may pick up steam as news comes out with the updated NI 43-101s,  then there is drilling and expansion news also due.  I don't agree that this will be a long long wait.  But to each his own.

 

jmho
P-Air

 

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