David Erfle who promoted USAS for quite some time and recently named it his top junior producer to follow in 2021 is no longer covering the stock.
" I have sold this position and no longer cover the stock. Unfortunately, USAS management has continued to disappoint the market while the sector is breaking out.
I expect an investment in USAS will be dead money until the company can begin to repair its relationship with the market by getting its mining operations up and running smoothly, which may not take place until the current up-leg in the sector has ended.
Although the Cosala Mine problems in Mexico have been beyond managements control and look to be improving, the continuing Relief Canyon problems are not.