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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 Sqrbankenon Dec 04, 2019 12:42pm
161 Views
Post# 30421481

RE:Sky is the limit now...?

RE:Sky is the limit now...? Guess yesterday's soar primarly had to do with market turbulence from yet another Trade remark from Trump - a negative one this time. Today, however, it's all about "hopes of a trade deal" and equities soar... I'm quite sure though The Chinese communist party won't accept a deal before US election next year so all these rumours are bullshit imo.

Meanwhile, banksters doing their best to manipulate precious metal prices and will continue as far FED continues to grow it's balance sheet and dumping liquidity into the market. FED can't continue with this forever though. Every attempt in history keeping an economy alive by printing money has failed.

So, my answer on your thoughts: Im impressed, so far into this session at least, over USAS. PM prices took a big hit from today's "hopes of a trade deal" but not USAS. I believe PM prices will soar soon enough and USAS with it. However, The hike in PM prices don't nessesary be around the corner but USAS as a stock might rise quite notably if good news from the progress with relief canyon releases upcoming weeks.
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