Americas Gold and Silver Corporation T.USA

Alternate Symbol(s): USAS

Metals & Mining Industrial Metals & Minerals

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.

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Americas Gold and Silver Corporation

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Post by OriginalFredon Feb 03, 2018 3:16pm

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Post# 27497120

Ramping up to full capacity by the middle of the year

This quote struck me as bad news in the production update: “This year will be transformative for Americas Silver with the San Rafael Mine and mill ramping up to full capacity by the middle of the year,”

The middel of the year???

And then this: "Mine production, mill throughput and metal recoveries are expected to ramp-up to internal targets through the first half of 2018."

So we already know Q4 is going to be lousy, and there will probably be YET ANOTHER unprofitable quarter in Q4.

But now Q1 is also in question. How long is it going to take to get this new mine ramped up?

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