Business
US Silver Corporation and Genco Resources Ltd. Under Continued Evaluation
US Silver Corporation and Genco Resources Ltd. Under Continued Evaluation
About this update from Americas Gold And Silver Corporation
[{"type":"text","content":"\nUS Silver Corporation and Genco Resources Ltd. Under Continued Evaluation\n\n\n May 12, 2010 (Baystreet.ca) -- Equedia.com and Equedia Weekly provides research on the top Canadian companies with a focus on mining and resource stocks. Equedia is continuing research and evaluation on the prospects of US Silver Corporation (TSX-V: USA) and Genco Resources Ltd. (TSX: GGC). To be further notified of our updates on these companies and special report editions through our Equedia Weekly Newsletter, please obtain your free subscription here: http://equedia.com/newsletterCompanies previously featured in our special report editions have hit new 52 – week highs since the initiation of our coverage and many companies under evaluation have made strong gains since being placed under evaluation. To receive these reports, please make sure to subscribe for your complimentary subscription to Equedia Weekly here: http://www.equedia.com/newsletter Here is a brief excerpt from one of our past newsletters with our story on, \"The Secret Battle\": “Every junior miner strives to become a producer, or to be bought out. Both of these paths take a lot of financing and dilution before the end goal. It takes much more than just some drill holes to succeed. The hard truth is, mining exploration and development is a negative cash flow business. Juniors need to continually raise money for the many processes involved in bringing a mine to life. They need to drill enough holes to gain enough interest from the majors for a buyout. This ultimately leads to further dilution.Many will fail.But what if there is a junior that is cash flow positive before production? What if there was a company with revenues nearing $16 million in their previous year? What if there was a company with an 80% interest in a property with over $12 million in expenditures in the last two years, a 43-101 resource, a historical \"reserve\" sitting between two of the world's largest silver mines, and expecting production in Q1 of 2011? What if they were fully permitted and fully funded to begin production?Is there such a company? There is. And it's...\" To continue reading and receive your next free edition of Equedia Weekly, please subscribe by going to http://equedia.com/newsletter/ and visit http://equedia.com/blog/view.php/Special-Report-Edition-The-Secret-Battle for the lat...