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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 BillyBats20on Jul 27, 2021 9:32pm
194 Views
Post# 33614816

Correctionor.....

Correctionor.....There's a saying in Poker....there is no shame in folding...I'm not sure how much your stuck holding this , but the future is not bright. Massive dilution, pending legal troubles, under funded pension, rising operating costs, poor managment , the list goes on and on. This stock needs to be re-evalutated, its junk status and should be trading at about .40 cents Canadian. Even if they get to 4 millions ounces of production (between Gelena and Cosala), which they plan on doing in the next couple of years, and thats  a big if.....execution would have to be perfect and metal prices would have to be higher. Just don't see it. Anyways good luck, but in this bull market, there much better places to put your money......
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