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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 EdgarLon Jun 17, 2016 12:50pm
305 Views
Post# 24974820

RE:USA has been kept under a lid

RE:USA has been kept under a lidI feel the same way Wallstreet and my situation is similar to yours.  Avino and USA are my 2 of my top 3 positions.  I also bought a lot of Avino in the $1.35-$1.60 area.  I really like Avino and still do but I sold quite a bit of it after it doubled to load up on USA since lately it's been held down.  I believe USA will make a big move soon.  

(My first position is Avnel Gold (AVK) because it's been held down the most and has so much room to go as soon as the shares that must be sold to pay for warrants are burned through.  Best estimate I have is somewhere in the area of  750,000 to 2,000,000 shares to go but that shouldn't be all at once - the owners of those shares have a few months to do so.)  
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