Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Nov 10, 2016 2:24pm
176 Views
Post# 25446062

RE:hi guys am new at this

RE:hi guys am new at thisRob, The reason for the super-low price opportunity with USA is that shares were issued June 14th with a 4 month hold.  Those shares issued can now be sold so there is pressure from those who participated.  Some of them want to hold and some just want to keep the warrants that were associated with the deal.  So there's some shares to chew through but in the meantime, we've got an extraordinary buying opportunity.  It might take days, or weeks, but I doubt it will take months for it to really take off.  The other factor is silver and the other metal prices.  If silver takes off, then all those shares for sale can be eaten up very quickly and some of the sellers will decide they don't want to sell anymore.  

As for potential, the sky's the limit!  Even if silver price stayed exactly the same, this should be 3 times the price it's at.  But once silver goes, we've got so much leverage.  I won't be surprised if we make 2000% or higher.  
Bullboard Posts