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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 > Sinking Ship.........
View:
Post by BillyBats20 on Mar 25, 2021 6:00pm

Sinking Ship.........

With limited production ,revenue's declining and stock price heading south this company is well on it's way to being delisted on the NYSE. It will soon be sold OTC, which is exactly where this should trade.....
Comment by Correctionor on Mar 25, 2021 6:08pm
Production was low only for two reason (i) the scamdemic and (ii) the redial stacker. The company did quite well on the develpment front putting in nearly $60M. So USAS is gearing up for quite nicely for increasing production (revenues) and an increase stock price over time contrary to what you stated.
Comment by BillyBats20 on Mar 25, 2021 6:12pm
I really hope your right and I'm totally wrong.........
Comment by ECSINVESTOR on Mar 25, 2021 10:09pm
Well I think the negativity has now reached a low point so that means its time to BUY!! Really, eveything that could have gone wrong, has gone wrong. BUt, Galena looks like it is on course to make USA (and Sprott) some money. DB did make an effort in Mexico. Looks to me like a lot of blustering on both sides - Mexican politicians know the way the system works. I don't think they are interested ...more  
Comment by Moemoney42 on Mar 25, 2021 11:23pm
In my opinion "rule of law" and "Mexico" should never be used in the same sentance... the reality doesn't exist down there as proven by the blockade and 18 months of time gone by... whose to blame... I'd say theres lots to go around... nobody involved is my hero thats for sure... :-/
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