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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 Sep 02, 2012 6:47pm
275 Views
Post# 20310189

RE: RE: RE: RE: RE: RE: RE: RE: recommendations

RE: RE: RE: RE: RE: RE: RE: RE: recommendations

I am probably doing something similar to you Margret. I prefer Mexico, USA and Canada as the safest countries and have been less willing lately to invest in a lot of other countries. I will probably sell stocks like Kinross first because they are in a lot of politically risky countries. Right now I think Canada ( excluding BC and Quebec ) is the safest but if the US dollar ever collapses because of debt their mines will be highly profitable so I would not sell everything USA. And I would also keep some metal in my posession.

Bob

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