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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 AlfTanneron Jul 17, 2018 10:28pm
72 Views
Post# 28330798

RE:RE:RE:RE:Zinc hit $1.15

RE:RE:RE:RE:Zinc hit $1.15method, my next big purchase is going to be the China ETF, FXI.  The "trade war" has beaten down China stocks, and I think they are a good value.  FXI has a P/E of 10, a P/B of 1.2, and a 3.5% yield.  Compare that to the SPY with a P/E of 24, a P/B of 3.3, and a 1.8% yield.  

On top of the better value, I think China will have much better growth over the next decade or two.  There will be bumps along the way, but China has huge potential as it turns away from Communism and toward free markets.

I am paiently waiting for a bottom on the FXI chart.  It could be a couple of months away.
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