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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 8:43pm
148 Views
Post# 20310370

RE: What is wrong with options?

RE: What is wrong with options?

Everybody just got diluted by about 1.6% Firecracker. I would be more willing to see options given out at a price above the current price. Companies seem to have a knack for handing out options when the shares have tanked. If silver goes up to $35+ and stays there their options will be comfortably in the money and it is questionable what they have done to earn it. I would like to see in the money options mean that shareholders have made money too. My average cost on this stock is a lot higher than $2,23.

Bob

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