Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Margreton Sep 03, 2012 11:17pm
334 Views
Post# 20313272

RE: nationalizing mines

RE: nationalizing mines

Yes many US citizens are trying to escape the evil Obama and move to Colombia. Cocaine is much cheaper there so the cost of living is less than half with this great discount.

"In the 1940s, the Colombian government nationalized the mines. This led to rampant corruption. The government bureaucrats who oversaw the mines looted the private company profits. After 900 deaths in the 1970s, the Colombian government shut down the mines."

https://www.preciousgemstones.com/GFspr96one.html

https://www.mining.com/eco-oro-shares-plunge-on-colombian-mining-agency-ruling-73373/

https://worldpress.org/Americas/3931.cfm

https://cbernblog.ca/2012/08/resource-nationalism-in-latin-america/

Colombia is much safer than the USA too:

"With the highest murder and kidnapping rates in the world, cocaine cartels and a long-running guerrilla insurgency, Colombia is often referred to as "Locombia", or the mad country."

Even Mexico nationalized foreign properties in the past:

https://en.wikipedia.org/wiki/Anaconda_Copper

https://www.answers.com/topic/nationalization

Better move out of the dangerous USA to these much safer countries.

 

Bullboard Posts