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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.


TSX:USA - Post by User

Americas Gold and Silver Corporation
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Comment by strannickon May 02, 2012 5:26pm
250 Views
Post# 19863609

RE: RE: RE: RE: USA - New CEO

RE: RE: RE: RE: USA - New CEO

Excellent post, geological explaination, and simile (rosetta stone!).

I agree with your appraisal of the silver miners in general. All the companies have crashed, roughly at the same rate.  Between the sharebuyback and the insiders constantly loading up, our currently depressed price is more a function of the industry at large, and the AMEX situation, not anything fundamentally wrong. All this is a buying opportunity, and it should be obvious. Buy low remember...

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