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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

Post by Sqrbankenon Nov 08, 2018 12:11pm
150 Views
Post# 28944532

bloody

bloodyThis is bloody.

I dont know why some point their disapointment at the management though. They´re doing all right imo. Its only one thing and one thing only thats killing this paper (and many other metal producers) right now - the price on precious metals. At this levels its - of course - economic unstainable digging for gold and silver and its just continues month by month, year by year. 

Its frustrating that nothing seems to turn the trend around as well. One can just hope for a replay from 2016 for 2019 - but without the long term decline since then.
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