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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 Jul 14, 2016 6:51am
263 Views
Post# 25051224

A few days away from seeing a stat change

A few days away from seeing a stat changeThe 50d moving average will cross the 200 d moving average and if the course stays then we will go up for a few quarters in a row. silver to shine for the right reason as demand is above capacity. This cycle to be quite exciting, don't go anywhere as with volatility and people going into mint, we will finally get the reward we were looking for, this is the time for the bagholders.
my only concern with this company, beside the number of shares, the ceo and its board which seems to be too quite and working for them instead of us the shareholders. Now that they have money they don't say anything. Regardless the black period, you are always allowed to promote your project and bring positive news. We have to say that this CEO is probably not the best one. 
See by yourself this chart trend. Easy to understand that we are just a few days of a pop on the 50d ma. Today seems to be a corrective day but things will resume down the road mid term. Glta
i own this stock. Dyodd
https://www.cachemetals.com/charts/historical-silver-chart?gclid=CMXQmPne8s0CFQQbaQodH90L0A
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