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.

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 JamesBlenderon May 02, 2013 1:42am
165 Views
Post# 21328249

RE: Things are tough all over

RE: Things are tough all over

Yes, things are tough BUT you missed the most important detail. None of those miners you listed traded 30% of their shares for a garbage mine called DrumLemon, that was closed down almost immediately after getting it! This is a MAJOR LOSS for USA shareholders and one that needs more answers. We can't just let that go because that is not a small thing. USA shareholders were screwed in that deal. Who were the professionals that recommended it? How could they get it so wrong? Why did that deal really get made? Who benefitted from that deal? I can't believe that people didn't know that DrumLemon was doomed long before that merger was transacted? What happened to all the propaganda that stated such great synergies?

Things are tough but would be WAY better had USA minority shareholders not had RXE rammed down their throats. You have to admit that if you owned RXE prior to the merger it was a  GREAT deal! Trade your shares of a company headed for bankruptcy for shares in USA.

Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse