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 21, 2012 10:53am

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Post# 20241614

RE: RE: RE: RE: RE: RE: symbol in united states

Good timing John. We also might be ready for a big jump up in price. Greg Weldon was predicting that if silver broke through $29 it would quickly go up to $37. At anything over $30 we will be rolling in cash again. If they get even half the synergies they were claiming, plus the new production from Couer, we could get some serious momentum. This is when you want to get an approval onto a larger exchange. Sandstorm Gold started trading on the NYSE on Monday with great momentum and they have had a great pop just before and since the new listing.

The other exciting thing is that key resistance for gold was $1630. We broke through it today with gusto.

Bob

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