Americas Gold and Silver Corporation T.USA

Cosola and Galena remain closed

[retireyoung99]

With both Cosola and Galena closed, upcoming quarterly report will be abysmal. Short holdings in this stock are very minimal and has no effect on share price movement.

[Blackriver]

Correct.  Short holdings have been excessive Within the broader PM market for many years and most are trying to exit or face margin calls with silver last weeks  price rise and heightened expectations.  JPM played out but still many around. Concurrently, hot money is flowing into the PM market as a hedge.  No news at all on USAS but it has been rising just fine for me, in fact

[disosa]

i sold all my shares today with nice gain. will wait till after Q report and update on relief till i buy again. if shares go down after report because bad numbers and again some delay relief i buy more shares with nice discount. if shares go higher because good news comes out then i will buy again shares but then i'm sure relief is on track and has no issues.. good luck all

[Moemoney42]

Yeah with Gold and Silver in a strong rally today's action was to say the least a yawner..! We need some details with the elephant in the room... didn't Blasutti say they were near the end of the strike/blockade months ago.. where's the update..!!! This bloody stock should be at least 50% higher than where it sits today..!!!

[Moemoney42]

And now silver up another buck and a half to $26 tonight... if this bloody stock doesn't move tomorrow I'm emailing in to raise some hell..! This is getting ridiculous already... best rally PM's have had in years and USA can't hold a bloody gain..!! This thing should be rocketing higher with all the so called positive activities they preach constantly..!! :-(

[Moemoney42]

One thing thats positive is USAS is trading another 21 cents higher in the US tonight.. :-)

[Blackriver]

Patience. Whe are where we are. Stock shows late an after market 7% opening.  May be impacted as it passes thru London exchange with shorts within the overall PM market trying to save their ...  True, PMs are rocking. It appears the herd is getting on board.  I think USAS will return to its upward profile after today's consolidation.  Best!

[disosa]

wow..after reading the sedar filing i'm glad i sold all my shares.. again big delay at Relief..now they talk about end of Q4 commercial production.... will see a sharp decline next days -weeks after this terrible report.. now you know why there was no update .. better gold and silver plays out there with better management.. will look again at USA after they reach real commercial production

[disosa]

1other things: -they made a big loss in Q2 and Q3 will be the same -so looking at their cash balance i wouldn't be surprice to see another financing bought deal at much lower prices to let the big boys in before good numbers should be coming in 2021. time will tell

[saldiray]

this is my first post here. yes, the report is disappointing but i think we are at a stage where pm companies are evaluated by how much gold/silver they have on the ground. if silver stays north of 25 and gold 1900, even with bad management, i do not think this stock is going to go lower. good luck to all.