Monday, July 17, 2017 4:48:18 PM
USA.TO - buy in next two weeks...
...for the following reasons Don't wait any longer! Starting from low $CAD 150M MC. Looking for double in 12 months driven by the following:
1) Looks like we are at through of summer doldrums with gold bottoming at $US 1200.
2) USA.TO about to commission San Rafael in September which will produce mostly zinc (50M lbs/year for 6 years per pre-feas) into what should be the peak of the zinc bull market over next couple years.
http://www.americassilvercorp.com/s/NewsReleases.asp?ReportID=797154
3) USA.TO may have bounced off bottom of support dating back to late 2015. I fully expect USA.TO to break upwards out of triangle below as long as the gold price doesn't go lower.
Negative cash costs in the presentation are driven by zinc revenues applied as by-product credits to core silver production. USA.TO has really been presenting themselves as a silver producer but market doesn't get yet that they will produce 7.5M Ag-equivalant ounces. See slide 17. That is using $1.25 zinc for 2018.
http://www.americassilvercorp.com/i/pdf/presentations/presentation20170620.pdf
...for the following reasons Don't wait any longer! Starting from low $CAD 150M MC. Looking for double in 12 months driven by the following:
1) Looks like we are at through of summer doldrums with gold bottoming at $US 1200.
2) USA.TO about to commission San Rafael in September which will produce mostly zinc (50M lbs/year for 6 years per pre-feas) into what should be the peak of the zinc bull market over next couple years.
http://www.americassilvercorp.com/s/NewsReleases.asp?ReportID=797154
3) USA.TO may have bounced off bottom of support dating back to late 2015. I fully expect USA.TO to break upwards out of triangle below as long as the gold price doesn't go lower.
Negative cash costs in the presentation are driven by zinc revenues applied as by-product credits to core silver production. USA.TO has really been presenting themselves as a silver producer but market doesn't get yet that they will produce 7.5M Ag-equivalant ounces. See slide 17. That is using $1.25 zinc for 2018.
http://www.americassilvercorp.com/i/pdf/presentations/presentation20170620.pdf
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