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Re: None

Monday, 05/23/2016 11:05:51 PM

Monday, May 23, 2016 11:05:51 PM

Post# of 35716
USA.TO - a turn around 3 years in the making

Not much more needs to be said here after you view the presentation. Former SVP of corporate development for Barrick has lead a huge turn around after last 3 years. Bottom likely in at $.30 as just did a large PP with Sprott to finance the San Rafael project.

I was in at $.25 for long term position.

http://www.americassilvercorp.com/i/pdf/presentations/presentation20160505.pdf

Per Jamie Carrasco as a top pick back in the end of March.

http://www.bnn.ca/Video/player.aspx?vid=839317

"Going forward this quarter will the first quarter in years that the cost of production is below the cost of silver"

This is the blue-sky hold thesis


"By 2018 the cost of production (silver) will be zero due to the byproducts" (referring to Mexico fully permitted, brownfield, $22M capex San Rafael project with strong, lead and zinc credits - slide 9 above)

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