Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 canuckman1on Jan 13, 2024 9:17am
246 Views
Post# 35824995

Management is Terrible!

Management is Terrible!

I lost a lot of money in this company after the fiasco with the startup of Relief Canyon. 

They sold 40% of their best asset - the Galena Mine - to Eric Sprott.  


They totally destroyed shareholder value and continue to dilute shares.  I remember when they did a reverse split and had a share count around 75 million - not sure of the figure but it was low - and management stated they would protect that low share count lol.

I realize higher Silver prices will float all boats so hopefully those prices are coming and the company can do better.  Shareholders have suffered for decades with this company floundering and deserve better.  I am still curious to see the salaries and stock options management and the BOD have received over the years when shareholders like myself lost a lot of money. Sad reality but no matter how they perform they always get great compensation when they have achieved very little over the years.

Why is this management team and BOD still in place???


GLTAL

 

<< Previous
Bullboard Posts
Next >>