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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 strannickon Aug 17, 2012 12:23am
229 Views
Post# 20227914

RE: RE: NYSE/AMEX uplisting not happening.

RE: RE: NYSE/AMEX uplisting not happening.

 I had been thinking that it seemed strange that Hecla only made the takeover bid after the merger proposal with RXE was announced. Could it possibly be that they are afraid of the combined USA/RXE with Blasutti at the helm, and the purpose of the Hecla bid was as much about derailing the merger as it was picking up USA on the cheap?

Hey why not. It is possible. Hecla maybe wanting to be king of the Sil ver Valley and able to brow beat all the little guys into their camp. Blasutti sounds highly aggresive, and USAs $ wont be sitting idle. Just the kind of guy an uber silver bullish Sprott would want to run the show.

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