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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 Diamondindaruffon Aug 06, 2020 7:42am
153 Views
Post# 31371197

RE:RE:RE:RE:RE:Sprott playing for Silver Valley consolidation?

RE:RE:RE:RE:RE:Sprott playing for Silver Valley consolidation?Why are you guys exiting USA at this moment ? It hasn't even taken out the year high and silver is sitting at 28$...Nothing wrong with taking profits but if that's not the reason would love any insights. Personally I have a billion dollar evaluation on this as it stands and looking for 1.5-1.7 billion by end of next year provided they deliver on the silver production forecast for 2021...about to commence commercial production in gold here, can't see why anyone would want out ... Haven't found anything better risk reward so far
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