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Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States of America, and is re-evaluating the Relief Canyon mine in Nevada, United States of America. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala operations are located in the state of Sinaloa, Mexico and consist of 67 mining concessions that cover approximately 19,385 hectares. The Cosala operations are located in the east-central portion of the state of Sinaloa, Mexico, near the town of Cosala. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility.


TSX:USA - Post by User

Post by cyanide5on Aug 17, 2020 2:29pm
183 Views
Post# 31419023

One thing only!

One thing only!How times have changed.. from my own experience i will share something. Laggards can become winners very quickly. 

A good example i have is GPR (Great Panther). It was almost down and out early this year and then again in Q2. I for one had little reason to believe that their old mgmt would be able to turn things around. Even when new mgmt came in Feb i believe, Q1 figures were just awful. I had the least confidence in the company and making my losses back.. 

Here we are 3-4 months later and its leading... I am not promoting GPR here, what i am doing is putting things in perspective. 

USA is down and out today.. be it to pure bad luck or some mismanagemnt, but in due time it has potential to far exceed on upside. Their growth profile is next to none in this PM complex.. probably compared to Fotruna with their gold mine coming online in next few months ... 2021 will be transformational for both companies... 

I have decided that i am not selling a single share of USA at these prices... i will ride this out and hopefully be hugely rewarded come year end and into 2021!

GLTA!
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