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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 Wallstreet1112on Nov 18, 2016 5:53pm
257 Views
Post# 25483327

RE:RE:Actually seems like an all out attack on USA share price Now

RE:RE:Actually seems like an all out attack on USA share price Now
EdgarL wrote: Are you on drugs Camaroni?  We've got millions of PP shares to plow through.  I bought today.  If I can free up more money, I'll buy next week.  Do you really not understand this or are you trying to scare people?


Exactly. This is a gift probably due to a lot of profit takers. Personally I am thrilled when I get to buy at these bargain prices.

You get a producing primary silver company with $12.8 AISC,  about $25M in cash, 100Moz of silver and fully operational mine infrastructure for the price of about 100MUSD (Fully Dilluted).

It's the cheapest silver miner I know based on Price/Ag EQ production on top of being the cheapest based on Q3 EPS.

Unless management royally f*cks up, this company is a steal based on current and future prospects.

I mean how much would it cost in dollar and time to prove up 100Moz of silver? Answer is many years and a millions of dollars. How much to buld two producing mines? Same answer. This is a real value play IMHO.
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