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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 > Blasutti should obviously step down in the interest of
View:
Post by kukaman on Aug 15, 2020 3:39am

Blasutti should obviously step down in the interest of

shareholders. I hope he realizes this. Moving forward Blasutti has zero credibility.
 
Up to this point Blasutti/USAS was an underperformer, now it has turned out to be a total disaster. Much more dilution on the way…
 
Blasutti will probably try to spin it that the 2021 guidance is still intact. But let’s not fool ourselves, the market will not believe him and rightfully so.
Comment by Stratocheif on Aug 15, 2020 11:23am
Yes Blasutti has no credibility. He is the worst kind of leader. You gotta get out there and tell the truth the minute things arent going as planned...not hide and say nothing. It reeks of dishonesty and weakness. How Lassonde and Sprott got involved with this guy is bizzare. Goes to show you big investors small investors...we all make the same mistakes. Seen it over and over again. The big guys ...more  
Comment by Moemoney42 on Aug 15, 2020 12:11pm
Yeah he needs to be put in the hot seat... for a man with so much experience, the start up of Relief Canyon sure has a lot of silly glitches that an experienced CEO should have avoided..!! One concelation is USAS is trading higher after hours... go figure..??
Comment by cyanide5 on Aug 15, 2020 12:30pm
Can someone please post the sedar link with the update here? I am unable to locate it. 
Comment by cyanide5 on Aug 15, 2020 1:14pm
I was able to find it. I assume a new release will come Monday morning. Pretty pathetic update really. Only silver lining is cosala going back to production in late Q3 but again who knows.  it's show me story completely at this point in time. We could see mid to high 3's until late Q3. If cosala is back then we will start trekking up again until Relief comes back on.  ...more  
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