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.

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Americas Gold and Silver Corporation

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Comment by bob4977on Aug 03, 2012 10:14pm

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Post# 20183724

RE: RE: So No News Till Tuesday

Stass, the only thing I can figure is that Hecla was putting together a stink bid for USA when the RX deal came through. For some reason, they went ahead and put the bid in anyways. They would definitely look silly to me if they make a higher offer after the merger goes through. I think they were the ones accumulating at above $1.80 and finally decided they were going to be unsuccessful yesterday and withdrew their bids. That allowed the price to come down below $1.80 again.

Bob

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