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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 > More dilution coming
View:
Post by Namehijer on Aug 18, 2021 10:56am

More dilution coming

Dilution may come at 80 cents as opposed to $1 us.

Expect buyout at some point in next year. Optionality on Galena is huge. Cheap acquistion for Hecla, AG, or another company.
Comment by Moemoney42 on Aug 18, 2021 11:28am
Yup there you have it.. and where are the detractors that poopoo'd my comments now.. LOL..   Blue sky Blasutti needs to be replaced.. that might give the stock a temporary boost..  someone with credibility needs to take over.. more dilution.. more debt.. but his pay cheque is unchanged... :-/
Comment by Thales42 on Aug 18, 2021 12:43pm
This is no longer the case about Blasutti alone as this fiasco goes beyond the misfit CEO.  Where is the accountability of the Board?   The fact that Sprott is also silent  is only adding fuel to the circumstances surrounding Galena "behind the closed doors" deal that deprived USAS shareholders
Comment by Correctionor on Aug 18, 2021 1:18pm
I bet you Sprott is buying like myself today.
Comment by michaelstl on Aug 18, 2021 11:51am
Hecla is a natural but they are having their own problems with the gold mine acquisition in Nevada.  
Comment by Heywood_Silvers on Aug 19, 2021 1:46pm
I think many of us have been waiting for a buyout......to end this sad saga and put us out of our misery.  Another company with a new management team may be able to right the ship.
Comment by focsle on Aug 20, 2021 1:48pm
Scorpio was better than this. Sad.
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