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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 Jan 19, 2017 3:53pm
160 Views
Post# 25730315

RE:USA and USAS values and exchange rate

RE:USA and USAS values and exchange rateIts called arbitrage if the diffence in price is to much between the US and Canada the traders will by on one exchange and sell on the other closing the spread and taking the profit. I did this a half a dozen time before the merger of USA and Scorpio ...eg. sell my USA shares and buy SPM shares at the same time knowing that its going to be one company. Managed to pick up just over 11,000 free shares (917 shares now) just off the spread.  
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