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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 cyanide5on Jan 12, 2019 7:00pm
165 Views
Post# 29223957

RE:RE:Anybody know

RE:RE:Anybody know I agree with KKR. At 100 million mkt cap with 2 operating mines and golf project potentially able to come into production, let’s say conservatively in 12-13 months time.. this company will be a cash cow. When silver goes beyond 16.50.. they are making good money. You can’t go wrong here.. risk is low to downside but potential upside is a min 2-3 bagger in 12-24 months in my opinion. I doubled my position is below 2 dollars with avg at slightly higher than mid 2’s. 

I am holding for medium to longer term. if silver shoots up by any chance which again has a higher probability to go up then lower (let’s say 20 bucks), this stock could be worth 8-10 dollars. It’s no joke... good proven management!

GLTA
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