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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Comment by ganndolphon Jul 21, 2018 4:59pm

183 Views

Post# 28349116

RE:technically analysis

coolfooldumbguy,

I would have thought that it would be impossible for Americas Silver (USAS) to trade back down to $2.00 USD. But there is an open gap in the USAS chart at around $1.85, so that makes me wonder if the market makers plan to run the stops on USAS with another spike down.

As of July 16, there are still 207 trades with 40,703 shares that are short in Americas Silver.
If you have any insight on what might happen that would cause the stock price to drop another 70 cents, I would like to know?

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