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.

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Americas Gold and Silver Corporation

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Comment by nor_easteron Apr 19, 2012 12:16am

246 Views

Post# 19810920

RE: RE: RE: spoke with CFO

Production profile was changed from 2.4 million to 2.3 million oz . Look here:

-Home page :U.S. Silver Corp is the second largest primary silver producer in the United States with annual silver production of 2.3 million ounces. link: https://www.us-silver.com/Home/default.aspx

-April Presentation: pp 2 and 5 Link: https://www.us-silver.com/Investors/Presentations/default.aspx

I call this a stealth change...very few noticed the change.

As for the Coeur mine...the proper thing to do is to keep your Shareholders / Investment community informed...there are no actual plans with a timetable...even the April presentation just mentions "redevelopment plans underway" "redevelopment started" ...where are the details? Projections? Expense details? Some technical / financial details so analysts and shareholders can look at and make informed decisions. Photos? Actual target dates?

Production? end of 2012 is simply not good enough...Sounds like Management / Directors leaving themselves an "out" if something goes wrong.

Thanks for the feedback firecracker74 and GL.

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