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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

Post by ecolo101on Apr 04, 2015 11:22am
248 Views
Post# 23596709

Why you should stop selling your shares and ask for a higher

Why you should stop selling your shares and ask for a higherBe long as this will, at one point get traction ... Dyodd
gltbagholders

Here are some of the facts and fundamentals I’ve found regarding Silver:

  • Silver is a precious metal grouped with the likes of Gold and Platinum
  • Silver has the highest electrical conductivity of any element
  • Silver has the highest thermal conductivity of any element
  • Silver has the highest reflectivity of any metal
  • Silver is rare, with a naturally occurring “abundance in the earth’s crust” at just .075 ppm…whereas Gold occurs at .004 ppm (roughly a 19 to 1 ratio). Aluminum occurs at 82,300 ppm as a reference
  • Silver production was 870 million ounces in 2013 vs. Gold production at 107 million ounces, an 8 to 1 ratio. 
  • Silver demand hit a record high of 1,081 million ounces in 2013
  • Silver uses include Electronics, medical applications, water purification, batteries, solar technology, industrial catalysts, nanotechnology and photography. It’s incredible just how critical this precious metal is to industry.
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