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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 zzthnxon Aug 16, 2013 6:53am
247 Views
Post# 21675407

RE:Private placement is overbooked

RE:Private placement is overbookedVery interesting sequence of events lately, that I'm not the least bit happy about. Hopefully now though we'll head back up quickly. Just not as high as we would have, had we not been diluted out of 20+ million shares.With a cost basis of 1.84 on over 100k shares, it's going to be awhile before I'm back to break-even. I'm learning the hard way how this game is played and it certainly seems like the retail investor is always the one to take the brunt of the punishment in situations like we've just witnessed.
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