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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 Promoney77on Dec 22, 2016 12:08pm
150 Views
Post# 25635557

GMN must own!! Do your DD but check this out!!

GMN must own!! Do your DD but check this out!!Gobimin Inc. with a small float of roughly 51M shares, with approximately 85% held by management is a must own stock for massive returns. 3rd quarter results ending Sept 30, 2016 show: $8.9M profit (up from $2.5M 2015) EBITDA: $9.1M Cash on hand (for use of operations, liquidity, etc.): $29M Total Assets: $89.2M Total Liabilities: $3.9M Clearly in incredible financial shape! With a current share price of $0.55 and a market cap of $27.81M -- THEY HAVE MORE CASH ON HAND THAN THEIR MARKET CAP!!! https://www.gobimin.com/s/NewsReleases.asp?ReportID=771676&_Type=News-Releases&_Title=GobiMin-Announces-Third-Quarter-2016-Results And even more! Management is so confident in their company being undervalued they continue to buy back shares!! Check the Financial Statements: https://www.gobimin.com/i/pdf/2016/Reports/Q3%202016%20GobiMin%20FS&MDA-final.pdf Feb 12 2015 to Feb 11 2016 company repurchased 3,846,500 common shares Feb 12, 2016 to June 7, 2016 company repurchased 887,500 common shares THEY ALSO PAID DIVIDENDS IN BOTH 2015 AND 2016!! THE SKY IS BLUE AND THE GRASS IS GREEN!!! WITH SUCH A SMALL FLOAT OUTSTANDING IT WILL BE HARD TO GET YOUR HANDS ON THIS MUST OWN STOCK!!! IT IS READY TO BLOW!!!! Management clearly believes in the future with their buyback of shares, in which they already own the majority of. Don't miss your chance on this absolute monster!! Do your DD, check the statements, it is all right there! from $0.28 to $0.55 YTD, this is a truly golden opportunity!! Don't miss your chance!
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