SILA.OB

[STOCKSEEKER]

Good morning everyone. Watch SILA today. News hit the wire this morning and it looks like this one is going to turn around. Charts are starting to head north and is is trading with good volume this morning. Here is the latest news

Cohen Independent Research Group Sets $5.22 as Best Case Target Price for Silver America, Inc.

RENO, NV, Jun 02, 2010 (MARKETWIRE via COMTEX) -- Silver America, Inc. (OTCBB: SILA) ("Silver America" and/or "the Company") is pleased announce that on June 1, 2010, Cohen Independent Research Group, Inc., Wall Street's leading independent fundamental research firm, released a 27-page research report on Silver America, Inc. estimating a best case target price of $5.22 and a Cohen target price of $3.16.

To download the full report please visit Cohen Independent Research Group's website, www.cohenresearch.com or visit Silver America's website, www.silver-america.com.

ABOUT COHEN INDEPENDENT RESEARCH GROUP Led by Paul Cohen, Cohen Independent Research Group is Wall Street's #1 Independent Research Firm. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney), and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).

Cohen Independent Research Group includes nine PhDs (three with MDs), two MDs, six CFAs (chartered financial analyst), three with CPAs (certified public accountant) and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in-depth financial analysis, valuations, and management profiles. For more information, readers can visit the company's website at www.cohenresearch.com

ABOUT SILVER AMERICA, INC. Silver America, Inc. is a publicly traded (OTCBB: SILA) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich silver and gold production potential. Based in Reno, Nevada, Silver America has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations. For more information on the Company and its projects, visit Silver America's website at www.silver-america.com

[setravis]

Many of you will remember this stock because last time an
alert on this one, it went up 93% in two weeks.
Is time to make money with this stock again 
This stock has come back to a support area and is ready to make
another run.

Here are a few facts to get you started or refresh your memory:

SILA is a precious metals exploration company.

SILA's Keeno Strike Property could potentially contain 2.14 million
ounces of gold equivalent resources.

SILA's Keeno Strike Property also includes additional mineral
deposits of lead, zinc, and copper.

SILA states that these claims represent an estimated equivalent
gross value IN EXCESS OF $3 BILLION DOLLARS.

SILA recently signed an option agreement to acquire a 100% interest
in the high-grade silver-gold La Escondida Project located in
Sonora State, Mexico.

SILA entered into a $7.5 million equity financing agreement with a
European institutional investment group that specializes in backing
precious metals and mining ventures.

Cohen Independent Research Group puts a target price of $3.31 on
SILA.

Paul Cohen was one of the original 12 Dirty Dozen analysts,
regarded by many to be the top 12 security analysts in the nation.

Here is why you may like SILA as a trade:

Gold and Silver stocks have been HOT.

With concerns about the world economy people are flocking to gold.

Gold prices are headed higher.

SILA has a year high as $1.45.

If SILA heads back to it's high that would be a 116% price gain.

SILA has come down to a support area over the last few weeks and
looks ready to turn.

Last time SILA hit this support area it turned around and went over
a dollar.

We know SILA can move. Many of you made BIG profits last time with
this stock.

SILA looks like a great trade from this level.

Get ready to book your profits with SILA.

As always, do your own research, always use stop loss orders to
protect yourself, and book your profits when in a position to do so.

Good Trading,

[setravis]

Gold American Mining Corp. Identifies Significant Geophysical Anomalies at High-Grade Guadalupe Property

Press Release Source: Gold American Mining Corp. On Monday August 30, 2010, 9:00 am EDT
RENO, NV--(Marketwire - 08/30/10) - Gold American Mining Corp. (OTC.BB:SILA) ("Gold American" and/or "the Company") is pleased to announce that it has received the final ground geophysics report on its Guadalupe property and confirms that the recently concluded geophysics program has identified multiple potentially significant geophysical anomalies.

The geophysical survey was designed to test down to depths of 500 metres. The key results from the geophysics program are:


•Magnetic susceptibility survey was successful in identifying the trace near the surface extensions of the known veins. The presence of additional parallel anomalies suggests the potential for additional veins that do not outcrop.
•Induced Polarization anomalies indicate the potential for down dip extensions to the main veins within the property.
•A potentially significant chargeability anomaly (Induced Polarization) occurs in the southern portion of the property in between the Santa Rosa and San Antonio Mines at depth starting at 400 m, which is below the known depth of these historically important mines.

"The final results and interpretation of the geophysics results on our Guadalupe property have given us very attractive drilling targets. We are in the process of acquiring firm bids from several qualified drilling contractors and initiating the permitting process for the next phase of exploration of this exciting project," commented Johannes Petersen, President of Gold American. "Gold American is well on track to initiating drilling operations on Guadalupe during the fourth quarter of 2010," added Mr. Petersen.

THE GUADALUPE PROPERTY
The Guadalupe property contains two historically significant mines and is located in one of Mexico's oldest mining districts, roughly 5 miles north of the Fresnillo (Proaño) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 6.8 miles to the southwest of Silver America's Guadalupe Property is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG) and Fresnillo plc, which is known as one of the world's highest grade undeveloped silver resources.

The Property contains greater than 20 known workings as well as two historic mines -- Santa Rita and San Antonio. Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s. The property is completely surrounded by land controlled by Peñoles (either through Fresnillo or other subsidiaries and partners).

ABOUT GOLD AMERICAN MINING CORP.
Gold American Mining Corp. is a publicly traded (OTC.BB:SILA - News) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations. For more information the Company and its projects, visit Gold American's website at www.gold-american.com.

ON BEHALF OF THE BOARD OF DIRECTORS,

Gold American Mining Corp.
Johannes Petersen, President

Forward-Looking Statements
The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Contact:
Investor Relations Information:Gold American Mining Corp.Toll Free: 1-800-274-3710E-mail: Email Contact

Related Headlines
•Gold American Mining Corp. Identifies Significant Geophysical Anomalies at High-Grade Guadalupe Property - Marketwire
•Gold American Mining Corp. Announces Geological Engineer's Appointment - Marketwire
•Gold American Mining Corp. Announces Additional Positive Results From High-Grade Guadalupe Property - Marketwire
•Gold American Mining Corp. Signs Option Agreement on High-Grade Silver-Gold Property in Sonora, Mexico - Marketwire
•GOLD AMERICAN MINING CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement - EDGAR Online