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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 steve29caon Aug 02, 2016 1:52am
223 Views
Post# 25101436

RE:RE:We are going back up and this is great

RE:RE:We are going back up and this is great

I would like to see us hold out as far as new financing because I don't think we need it, mostly because I think silver will be much higher by year end. Firecracker may whine, but management needs to hear it IMO ...we have enough shares, I agree with his we've had enough dilution part of his argument, now his trading record is weak. Firecracker complained about USA's float and dept from .06 cents to about .34 cent ..then USA was the cats meow and he bought, then sold out at about .38 cents to move into Great Panther at &1.65US ...which is currently trading at $1.50US. So I would guess brake even for the year at best vs. buying at ..06 cents and sitting on it would be a better than 500% for the year. USA has a great future assuming you believe silver will be higher then today.  The loudest on the board isn't always right do your own due diligence.

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