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 AlfTanneron Jul 07, 2018 11:39am

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Post# 28283618

Zinc hit $1.25

I predicted back in March that Zinc would be down to $1.20 by the time they actually got the mine up and running. Am I a genius or what?

March 08, 2018 - 09:54 PM

Post# 27688401

The price of zinc is crashing

The price of zinc is crashing, and no one even mentions it. As I predicted, fresh new mining supply is coming on line thanks to the high price. High prices in zinc NEVER last forever. Has this company been able to capitalize on the temporary high price? Not even close. They continued to lose money over the last 2 quarters. By the time they actually get the mine up and running, zinc will probably be under $1.20.

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