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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 23, 2012 6:48pm
175 Views
Post# 20404977

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Who is

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Who is

Petersburg, my wife is a travel agent and tends to get a lot of data on places like Mexico. We also tend to know a lot of people who travel. Mexico is probably not as dangerous as the media makes it out to be. I have heard a lot of accounts from people who have been there and they are fine on going back. Some parts are not safe, especially near the US border and on the drug routes. I agree with you in principle on avoiding certain jurisdictions for fear of some form of confiscation. Over the last year or so I have been making a conscious effort to do the same. I think Argentina is soon to be on the everyone knows to avoid list. I sold my Yamana shortly after they put in exchange controls and before they seized the oil company YPF. I am also lightening up on Kinross for political safety reasons. I would not go overweight in Mexico but I do own 2 companies that mine there and am comfortable with that.

Bob

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