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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 Galena Complex in Idaho, United States of America (USA) and the Cosala Operations in Sinaloa, Mexico, and is re-evaluating the Relief Canyon mine in Nevada, USA. 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 100 % 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 PikangikumKid96on Feb 11, 2018 2:25pm
135 Views
Post# 27541312

RE:RE:RE:The problem with this company is the lead

RE:RE:RE:The problem with this company is the leadFred have you not listened to any of the communication releases provided by the company or CEO.

This is a company that has ploymetallic resources and they also have the ability to mine more of the specific metals depending on the prices of each metal.  The company is in business to make money so with zinc and lead prices being so high ATM they will mine more of those metals and not burn through their valuable silver resources which make up the majority of their resource base thus they are called Americas Silver Corp.  When silver prices move up in price the company will focus more on that metal by ramping up silver production by targeting higher grade veins.

Many other silver producers don't have this luxury and are burning through their silver resource base and losing money but destroying their silver resources when silver prices move higher.

I really like this company and the management team.  I think you will to once we start hitting on all guidance expectations.

PikKid


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