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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 strannickon May 15, 2012 6:13pm
299 Views
Post# 19912811

RE: RE: RE: RE: RE: Miniscule PE and great leverag

RE: RE: RE: RE: RE: Miniscule PE and great leveragBottom calling is the inexact science im referring to, obviously.Doing your DD is how you determine a stocks relationship to the price of silver. As was noted previously, USA being a relatively high cost producer, its price gets more smacked as silver goes down. That leverage works the other direction as the price goes up. If the Usdx rises as it temporarily might, its simply becayse its less ugly than the euro at the moment. I buy silver miners instead ofsilver for the leverage on that day when Qe3 is announced and the US$ shows its true colors, which is toilet paper brown.>
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