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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 Gregor76on Mar 03, 2017 7:35am
224 Views
Post# 25925051

RE:RE:RE:Still the most undervalued

RE:RE:RE:Still the most undervaluedI agree Camaroni with your comments above and FC is actually one of the more informative sources I have read on the mining sector on this site and have learned a great deal by his posts.

The short-term volatility we are seeing of course is nothing new in the market. The fundamentals of USA are stronger than ever and with the announcement yesterday, it should certainly bode well for shareholders in the coming weeks and months. I can certainly feel the "panic" with some investors when there is a sell-off over 2 or 3 trading sessions, as the posts tend to get a bit more personal. The exciting thing is if it can drop this fast, it can certainly go back up just as fast and it will sooner than later! Perhaps take it as an opportunity to increase your position if you're a believer.

I am a fairly small investor of USA also, but I am very bullish medium to long-term on this company and investors will be well rewarded for their patience. They have the resources and an excellent management team to execute their business plan. As long as USA does not take any more dilutive action in the next 2 years, I can see the SP hitting the $7-8 mark. Potential investors will start to take notice on their numbers over the coming quarters and we will gain more coverage by analysts and other media outlets, which will surely attract new retail & institutional investors. IMHO, these are exciting times ahead for the company and it's shareholders and we are just scratching the surface. Fasten your seatbelts and GLTA!!
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