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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 tictactoe111on Jul 13, 2024 6:01am
150 Views
Post# 36131398

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Price

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PriceJust for clarity when I mentioned a potential downside of 20c I was referencing US listing USAS and not USA.

Well it seems to be waking up and opening one eye! I'm expecting a 'leap' rather than a slow climb to 52c next. Thirty five years of trading/investing in pm equities tells me that it rarely plays out exactly as I expect though so as always, caveat emptor. I think a x50 is perhaps errrr somewhat optimistic but regardless I rarely stay beyond a x10 ROI anyway.

We still have mediocre management, but I see x10 easily achievable from existing levels. When a sector truly takes off poor past performace can suddenly masquerade as share performace genius because they're starting from such a low, self inflicted, shareprice. It's not fair but that's often how it plays out.

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