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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 Mar 20, 2019 3:42pm
152 Views
Post# 29512968

RE:Relief Canyon Financing New Release

RE:Relief Canyon Financing New ReleaseWriting is on the wall fellow shareholders... its an easy game. The PP being done, people know what shares they will be getting and therefore, short sell to keep prices steady here and get those shares and more as part of PP. It is what it is but if PP comes in with warrants, I personally would not be happy as management stated time and time again when they did reverse consolidation that they do not intend to dilute shareholders again. Time goes by and same tricks.. its sad! there is absolutely no reason why share price is where it is.. look at great panther.. look at endeavor silver.. look at most silver stocks.. they have gained 20+% in last 2 months.. USA has barely inched.. Last but not least look at price of silver in same period.. moved from below 14.50 to close to 15.50 now. Zinc has moved from 1.1 to 1.3+ and lead has barely budged but has moved from slightly lower than .90 to above .90..... there you have it. While all underlying commodities have moved materially higher.. share price has not and is stuck in 2.1-2.3.... again probably tied to upcoming financing! the little guy always loses in this world..... here is to hoping.. when it rains, it floods and if all boats start to float higher so will USA. that is basically the last hope for us... I am done buying... I will hold what I have in this stock which is significant percentage of my portfolio!
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