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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 Thales42on Apr 07, 2021 9:24am
151 Views
Post# 32948183

RE:RE:RE:RE:RE:Change in management

RE:RE:RE:RE:RE:Change in managementGanndolf,  your message is loud and clear and yet I do not think you can compare Fortuna with  USAS as the former is known for its success whereas the latter is becoming a failing company thanks to series of management missteps.

Aside from the marked difference in the quality of management, USAS does not seem to have the critical mass to operate multiple projects and RC is a prime example.  The company is not helping its case by not disclosing what is going on in RC and the lack of information surely will make sure the SP stays at the bottom.  

USAS is thin in all compartaments including technical expertise and I suspect that the few  experinced hands have been redeployed to pump up Galena.  With insuffcient critical mass no wonder RC is badly lagging behind.  All and all however,  I still think it is premature to declare RC to be the next Pretium as we simply do not have the facts.  
 
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