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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 zzthnxon Aug 03, 2012 11:44pm
233 Views
Post# 20184008

RE: RE: RE: So No News Till Tuesday

RE: RE: RE: So No News Till Tuesday

Hey Bob, your reasoning sounds logical to me. Like I said, I sold all of my shares last week after the Hecla bid. If the RXE merger is approved, which I think it will be, and the price comes back down to the $1.50 area, I'll be very tempted to buy back in, even if it means selling some of my TMM or AUN. I liked the merger with RXE from the get-go. On the other hand, I also don't see HL just folding and giving up. I think there will probably either be an increased offer Monday morning or they will try to take over US Silver and Gold after the merger. Cheers, zz

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