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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 May 08, 2016 12:31pm
184 Views
Post# 24851947

Nobody knows where silver price is heading

Nobody knows where silver price is headingBut one thing is sure,  if you can never trust any forecasters because they are there to promote their visions which often never materialize and on top years after they don't remember their previous prediction as they are too busy working on new one , perpetuously changing...

Nevertheless you can be sure that current gold silver ratio has started to move toward 50, it is a matter of time and no one can predict the timing. I have decided to accumulate from current respective low SP when we still have the time to do so. Later this year will be more in line with reality then only a continous stronger silver price will push us up.
from now to $0.60 we still enjoy a quick run opportunity. The sensitivity analysis on silver price is quite high for USA. I like the ticker for Americas Silver.
go USA go
glta and bagholders will finally capture their value. We are getting closer to a good and strong run up
I own this stock
Bullboard Posts