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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 ProvervialTdubon May 17, 2021 3:10pm
287 Views
Post# 33215473

Easy fellow investors

Easy fellow investors
My investment in this company has compelled me to write my first post. I am certainly feeling the sting from this one. The biggest lost I have had in some time. Although I do think investors are overeacting. Hecla bought the Fire Creek dud, faced numerous law suits and overcame. RC is by all means a dud, but I do think though that there is value here still to had. I see the price as even more attractive. Cosala has great reserves and are on the cusp of settling the dispute. I'm sure all the equipment has been ransacked by now but none the less its a good mine. The little Galena that could is getting stellar drill results and are accessilbe not far from current development. The extended silver vein is only 150 feet out of the rib. Ready for I-drifting soon. This is in addition to several other great intercepts on the 400, 185 and lead zone complex. This is a major bump in the road for sure and its one hell of an ugly press release but I'm in for the long haul here. I think it's a deal. Respectfully.
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