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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 cyanide5on Feb 04, 2019 12:29pm
152 Views
Post# 29315208

Zinc at a 7 month high (almost 1.27)

Zinc at a 7 month high (almost 1.27)At some point something has to give. zinc is making a move recently and breaking out. Lead has finally crossed 0.95 and silver also on upward trajectory. SP is still lingering. At a market cap of 100 Mill CAD, this is a screaming buy with 2 operating mines and PGLC soon onboard with a 3rd one in making.. 50k+ oz of Au a year would be game changer. I compare this to EDR which has a market cap of 300+ Million. However, it already produces 9 Mill oz AG eq. USA is at 7+ Mill oz AG eq. Cant be 1/3rd the mkt cap...... opinions are welcome..
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