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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, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora... see more

TSX:USA - Post Discussion

Americas Gold and Silver Corporation > Easy fellow investors
View:
Post by ProvervialTdub on May 17, 2021 3:10pm

Easy fellow investors

My investment in this company has compelled me to write my first post. I am certainly feeling the sting from this one. The biggest lost I have had in some time. Although I do think investors are overeacting. Hecla bought the Fire Creek dud, faced numerous law suits and overcame. RC is by all means a dud, but I do think though that there is value here still to had. I see the price as even more attractive. Cosala has great reserves and are on the cusp of settling the dispute. I'm sure all the equipment has been ransacked by now but none the less its a good mine. The little Galena that could is getting stellar drill results and are accessilbe not far from current development. The extended silver vein is only 150 feet out of the rib. Ready for I-drifting soon. This is in addition to several other great intercepts on the 400, 185 and lead zone complex. This is a major bump in the road for sure and its one hell of an ugly press release but I'm in for the long haul here. I think it's a deal. Respectfully.
Comment by Skylar1 on May 17, 2021 3:20pm
I agree , it's a turnaround story here , we will have high prices on gold and silver going forward which will save this company . 
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