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 Galena Complex in Idaho, United States of America (USA) and the Cosala Operations in Sinaloa, Mexico, and is re-evaluating the Relief Canyon mine in Nevada, USA. 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 100 % 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

Americas Gold and Silver Corporation

Bullboard Posts

Comment by chalkmarkson Jun 11, 2004 4:16pm

69 Views

Post# 7602051

RE: News.

You're right about the accumulation pattern. My complaint, if you want to call it that, is that the company talks about nuts and bolts, but not the vision. Earlier promo material(year before last) contained some eye-popping silver grades, as I recall, plus the old ASARCO numbers. The potential here is world-class - 4000T/day of 15oz/T Ag and 10+% base metals content, with margins of 50+%. I'm in for next year on this one - could be a 10+-bagger from here. IMHO. DYODD.

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue