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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, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala Operations are located in the state of Sinaloa, Mexico and consist of about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Comment by ECSINVESTORon Jan 20, 2021 1:49pm
225 Views
Post# 32334828

RE:CEO on Kitco

RE:CEO on Kitco
PikangikumKid96 wrote: Darren appeared on a Kitco interview that was just released today.  Here is the link 

https://youtu.be/m5QSvye1Yf4.

As a large retail shareholder I am not happy with the decisions and execution - or lack thereof - of management.

Instead of complaining on this board I always write directly to the CEO and Senior Management to communicate to them the issues and concerns that I have.  There is no question they need to do much better.

It has been frustrating to be a USA shareholder but hopefully better times are ahead for us all.

PikKid


I think your thoughts apply to most of the shareholders holding on to this one. I have been slowly adding to my position (still small time on the grand scale of things) but am holding on for the 100-200% increase I feel is on the (not so distant?) horizon.

I almost look at USA's position as a "perfect storm" brewing in the future. Galena seems to be on track to grow significantly, and Relief Canyon has finally reached production (cross your fingers..). The only project still being held back is Cosala. If there is any progress on that from in the next month or two, Q3 and more so Q4, numbers might end up being spectacular. And there are a lot of reports of $50 silver out there that can't be discounted...

Of course I could have written this 6 months, or a year ago and had the same thesis. Based on the CEO's past history, I doubt it will all come together at once, but looking at his "excuses" for delays, at least a good chunk of them are legitimate. 

At the time of this writing the share price is $3.50CDN. I'm predicting $7 by the end of the year.

Or I could be wrong.... :)

GLTA

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