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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 carmechon May 14, 2015 4:33pm
451 Views
Post# 23730080

RE:RE:RE:RE:RE:RE:Report

RE:RE:RE:RE:RE:RE:ReportAbout 4 years ago Scorpio had just opened one mine and was still working on their mill when the price got up to $2.40. Now they have 3 working mines, 2 more that could be opened on very short notice, several intermediate term projects and 2 mills. And you think if they turn profitable, combined with a modest rise in the price of silver, that a share price of 50 cents is unreasonable? That hoping for a 25 cents increase under those circumstances is dripping honey? Then what in the world would you think is reasonable???
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