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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 Moemoney42on Aug 16, 2021 11:15pm
262 Views
Post# 33715201

RE:Institutional Ownership

RE:Institutional Ownership
UnderTheRadar wrote: This is one long, drawn-out b*tch slap...nothing like marketplace shenanigans.




Looks like institutions own around 25.75% of company....Merk Investments and Van Eck are
chief holders and since August 10, Van Eck has added another 8.5%...6.5 million shares.
Don't piss those guys off.

Most of the sold out positions happened starting months ago so unless we see radically surging
silver prices in coming months, s/p stagnation will continue...

Today, RBC nearly closed out position, dumping 98.7% of their position, holding 25,000 shares.

Morgan Stanley increased their position by 69% with roughly 143,000 shares.

TD also added 151.8% stake with nearly 31,000 shares.

I've added to recent lows due to its "oversold" status but something's clearly gotta give.

I see you're still here, Moe!    Looking forward to brighter prospects...









Yeah Radar.. unfortunenately I still have a few thousand shares that I should have sold a while back when I unloaded a bunch for a small loss.. but thought I'd give management some time with RC.. but that has turned out to be a nightmare.. so much for the big windfall of profits Blasutti was cherping about so many times.. never materialized.. and here we are with a new 52 week low...  :-(
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