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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 steve29caon Jul 26, 2012 4:29pm
422 Views
Post# 20156571

Insiders

Insiders

The back out prevents insiders from buying or selling until the reserve numbers are public next month. They have been in a black out since the Nuestra Señora issues began. 

The more important major share holders are not selling out some have added and opened new positions the only large dump was from RBC Global Asset Management Inc. they sold 962,995 shares at the end of March. Our largest share holder Tocqueville still holds 59,316,004 shares between their gold fund and their Institution holdings. More than 70% of outstanding shares are held by the Institutional share holders. Add in the insiders and we are really only trading with about 20% of the outstanding shares the rest are held in strong hands.

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