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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 > I wonder if management asks the question why USAS is such
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Post by kukaman on Aug 18, 2020 1:46am

I wonder if management asks the question why USAS is such

a terrible performer in this Gold and Silver bull market. Obviously the market does not trust the projections provided by current management. Simply too many failures in the past. USAS has got to be one of the worst performers in this favorable market environment for mining companies.   
 
The real question is if they want to change something or just continue to underperform as before. It is a pity for shareholders that the current management has zero credibility providing any timelines and this is reflected in the share price.
 
With USAS it is always about possible better times ahead in the future. In the past the main excuse was the lower metals prices, now it is this and that. It is always something…
Comment by BobTheKnob2 on Aug 18, 2020 3:19am
Terrible news this past Friday night, followed by financing today. Only saving grace was Warren Buffett news on Friday. If it wasn't for that the share price would be much lower. I am so surprised that the analysts can't seem to figure out how bad the news was this past Friday. Maybe they don't care. Glad I pulled a 10% return in US funds out of this at the end of July and sold when ...more  
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