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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 > New Corporate Prezi
View:
Post by jdbutts on Mar 15, 2024 4:51pm

New Corporate Prezi

Comment by a2bman on Mar 19, 2024 1:26pm
And whats the purpose of this pp?  any bets were going to get sunk with a financing at .30
Comment by jdbutts on Mar 20, 2024 4:55am
Hence my earlier comment re massive volume spike.  Someone just picked up a boatload of shares.
Comment by jdbutts on Mar 20, 2024 5:06am
Hence my earlier comment re massive volume spike.@ Someone just picked up a boatload of shares.
Comment by a2bman on Mar 20, 2024 1:34pm
jd, I dont see the rrelationship between a jump in volume like that and someone doing a financing especially at teh same price Only think I can think of is promo coming.  ie do financing to get some money in company, get some MMs and promoters in on financing, get rest of promoters to buy in wash trades (your 14 million).  start the pump!
Comment by jdbutts on Mar 20, 2024 4:01pm
Agree, for the most part.  Didn't want to use the phrase "pump and dump". Such a large spike in volume clearly signified something was up.  I do recall that they said back in late Q3 they were trying to do a materials backed financing to fund expansion in Mexico.  I guess that fell through and they went for the tried and true dilution.  The Prezi was a dead give ...more  
Comment by Skylar1 on Mar 20, 2024 8:38am
Spot on with the financing a2bman , i'm happy someone thinks there's a future for this company at least . 
Comment by a2bman on Mar 20, 2024 1:24pm
Yea skylar that was obvious.  The PP and the feeble attempt to bring the share price up kind of gave it away. I dont think financials are going to be any good since they did this before their release.  In fact I bet the financials are going to show they have NO money left All in all not a lot of confidence in these guys and losing more as we go. 
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