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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 bob4977on Aug 14, 2012 8:37pm
210 Views
Post# 20217918

RE: RE: conference call

RE: RE: conference call

This is the math on the transaction. USA closed at $1.36 today. If the new company starts tomorrow your number of shares will shrink by one third. In order to keep the same value the share price will have to go up by 50%. That figure is $2.04. If we trade at $2.04 tomorrow the value of your holdings will be the same. If we trade above that you are wealthier. If we trade below that we have lost money. I expect to trade near that figure as long as there is no major move in gold and silver tomorrow.

Bob

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