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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 nor_easteron Jul 25, 2012 10:24pm
280 Views
Post# 20153066

Both fail to maximize...

Both fail to maximize...

Hecla’s President and Chief Executive Officer, Phillips S. Baker, Jr. “We believe that the proposed transaction with RX Gold & Silver fails to maximize value for U.S. Silver shareholders and is, by any measure, inferior to the Hecla Offer.”

I agree wih the above statement and....

ME:

I believe that the proposed transaction with Hecla fails to maximize value for U.S. Silver shareholders and is, by any measure, sucky. Undervalues the Company by a factor of at least 3.

Hey, Board of Directors of US Silver...protect our interests and get us a better value for our shares...This is what all that monies you got was for. Pick up the phone and get cracking.

 

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