Americas Gold and Silver Corporation T.USA

Alternate Symbol(s): USAS

Metals & Mining Industrial Metals & Minerals

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.

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Americas Gold and Silver Corporation > Throw Away Line

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Comment by Thales42on Jun 06, 2021 1:42pm

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Post# 33337575

RE:RE:RE:RE:RE:RE:RE:RE:RE:Throw Away Line

There is more to RC gamble. USAS shareholders were hit with series of dilution while Sprott took hold of 40% ownership of Galena. If RC is declared a writeoff and with Galena now only 60% owned, what is left of USAS is in much worse shape than before taking over RC from Pershing. Management and the board must be sh---g in their pants knowing that they can be held liable, similar to BreX, or hit with a law suit like Rbicon Minerals and Perseus Gold for gross mismanagement.

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Thesis Gold makes high-grade discovery at Ring Zone