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BRIEF-Americas Gold And Silver Announces Strategic Joint Venture With Mr. Eric Sprott At The Galena Complex
Americas Silver Corp ( USAS ):
* AMERICAS GOLD AND SILVER ANNOUNCES STRATEGIC JOINT VENTURE WITH MR. ERIC SPROTT AT THE GALENA COMPLEX
* AMERICAS GOLD AND SILVER – SPROTT WILL INITIALLY COMMIT UP TO US$20 MILLION TO FUND CAPITAL IMPROVEMENTS
* AMERICAS GOLD AND SILVER – STRATEGIC JOINT VENTURE EXPECTED TO BE 60/40 AMERICAS/SPROTT RESPECTIVELY
* AMERICAS GOLD AND SILVER – WILL INVEST ADDITIONAL US$5 MILLION TO FUND FURTHER CAPITAL IMPROVEMENTS IN 2020. Source text for Eikon: Further company coverage:
who is winning here?, Mr Sprott or USA that is giving away 40% of it Galena silver complex? Time will tell.
Both are losers. Miner has trouble making a profit.
That’s why performance of several silver miners like HL, CDE and others is awful. There are VERY few good silver producers.