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Bullboard - Stock Discussion Forum 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... see more

TSX:USA - Post Discussion

Americas Gold and Silver Corporation > What an abysmal overall share price performance by USAS.
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Post by kukaman on Jul 29, 2020 9:47am

What an abysmal overall share price performance by USAS.

The CEO should step down as soon as practical in my opinion. The stock is an underperformer for many years now. Even with the recent upward movement of Gold and Silver USAS remains an underperformer compared to most other mining companies.
 
Even if some good news is released in the coming weeks/months, up to this point USAS is an underperformer and that is very hard to achieve in this environment. Bad job by management, there is no other way to slice it.
Comment by Wantonfuey on Jul 29, 2020 10:07am
went up quite a bit just a couple weeks ago.  What you describe would take another 20% off the pps...you are not a genius.  Nose, I want you off my face by tomorrow!
Comment by Oilminerdeluxe on Jul 29, 2020 1:00pm
You will change your mind once the mine is up and running. Things take time. Painfully to bear, but necessary. 
Comment by retireyoung99 on Jul 29, 2020 1:28pm
To which mine are you referring? If it is Cosola---we were promised months ago ago that it would be able to re-commence operations soon and no word yet. If you mean Galena---that complex will be done for at least another year. If you mean Relief---when ast we were favored with news about production. we were told that production was "ramping up". No news since then. The fact is that we ...more  
Comment by carmech on Jul 29, 2020 2:44pm
On July 30 last year management gave a corporate update. Who knows? Perhaps we will get one after market closes today or tomorrow morning. BTW I thought they were still mining Galena while doing upgrades.
Comment by Beluga2020 on Jul 29, 2020 6:09pm
I think the performance has been great! I bought my first shares at under $2 in March so it's all about timing. Some good support over the past few trading days in the low $4.40s. Guess we will find out what's been happening behind the scenes when Q2 results are released in August. Just need to wait a little while longer.
Comment by cyanide5 on Jul 29, 2020 7:13pm
Beluga and all, a companies stock performance is not measured in a period of months but years. I have been a long term holder as well and bought in low to mid 2's so have done well but the performance over 3 and 5 years is nothing for management to be proud off.  they have not created any shareholder value. I agree that they have over promised and always under delivered in last 2 ...more  
Comment by Jonny2fingers on Jul 29, 2020 8:58pm
That is an incredibly simplistic comment to make.  As are many others in the recent past by a variety of posters.
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