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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 carmechon Apr 27, 2012 6:25pm
409 Views
Post# 19846402

Short term catalysts

Short term catalysts

Anyone who says  there is no short term catalysts for this stock is either a buffoon or a scammer.  Results from the San Rafael and El Cajon drill program will be released by mid May. Results from Phase 1 drilling at  La Revancha should also be released mid May. Ist quarter results will be released mid May. The Tepozan drill program should be finished and the results results released by the end of June. The new San Rafael and El Cajon resource estimate should be ready around June 30th. An updated resource estimate for Neustra Senora should also be ready about the same time. I have never seen a company with so many short term catalysts. If even some of them are positive you could see a jump in the stock of 30-40%. If all are positive we will be headed to our old high.  I said if. This  stock is not for people betting the mortgage money, but if you have the balls and financial ability to take a calculated risk, this could be a home run.

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