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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 Heywood_Silverson May 18, 2021 11:09pm
242 Views
Post# 33227963

RE:R For Restriction

RE:R For RestrictionI see no "R" for trading.  USAS trades on the AMEX, which has other such stocks as THM and up until yesterday WRN which traded well below $2 for quite some time.  I think the $2 level was the original hurdle needed to be passed so that USAS could list stateside.

Of course, that was more or less a boondoggle which led to the 1:12 reverse split.  I wonder how much better a position shareholders would be in right now if we never voted to merge with US Silver.  Maybe we could've plodded along and been acquired by a major and we wouldn't be underwater right now.

The two best things going right now for USAS are the words gold and silver in their company name.  Even pets.com had its 15 minutes in the sun during the dotcom bubble.......
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