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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 Blackriveron Jan 23, 2021 11:20pm
204 Views
Post# 32369874

RE:RE:Article on CEO’s Compensation Package

RE:RE:Article on CEO’s Compensation PackageYour post and by many others have clearly underscored our shared disappointment with USAS achievement.  It appears so far no different from the former  legacy Scorpio Mining. But there is an underlying difference in my opinion that Scorpio management sold us out completely overnight and Blasutti, the only spokesperson for USAS has passionately told an honest tale of survival and potential progress.  He noted in his brief he also is a significant invested stockholder and shares the pain of milestone failure.  I have held off as long as I can and now need to sell a small portion so I am well in the camp of disappointment. Watching his body language during briefing and isolating key pointed statements by him tells me he is aware of the pressure for the company to perform.  I wish I could add more but the facts are the facts:  either we move forward now or it’s Schitt’s Creek for all of us again to include him!  I only speak of what appears to be his honesty, over-exuberance, reputation and ask – what would more would you expect of an up and coming CEO that has faced every possible obstacle.   As they say, we will stop wiping the miners, when everyone shows they are healthy and happy.  Sadly, so far the Schitt remains mostly in the ground.  Best Monday as I believe we will get there.  At least for some of us longs, we have football tomorrow as a distraction.

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