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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 ecolo101on Dec 20, 2014 7:59am
346 Views
Post# 23252212

RE:Scorpio Mining, U.S. Silver obtain holder OK for merger

RE:Scorpio Mining, U.S. Silver obtain holder OK for mergerWhat will be the new book value of the company? Scorpio was around $0,70 per share. Not so sure for U.S. silver and Gold, but this merger occurs in a corrective market...
if silver go back up slowly but surely, we will see higher stock price. Hopefully new management will focus to increase value for shareholders with solid and strong business principles. Smart capex spending and strong cash position combined with low cost production philosophy in a safe working place focus on best environmental management policy.
there is enormous advantage to be ahead of the other companies in a given sector by being a leader in promoting best practices...
go spm go!
i own this stock but i am far away from this business, my bet is on silver recovery which is over beatten. Demand to get higher in a deficit environment, therefore price to go higher...
glta and dyodd
Happy Holidays !
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