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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 EdgarLon Nov 07, 2016 12:30pm
225 Views
Post# 25432766

valuation

valuation

Market cap is a much more important factor than number of shares.  The market cap is only $144 million Canadian.  That means if we buy $144,000 in shares at today's price, we own 1/1000 of one of the best and most undervalued silver mining companies.  Even at the low silver price we have now, this should be 3-4 times what it is.  (I'm a stubborn value investor and that strategy works well for me.)
 

 

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