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

TSX:USA - Post Discussion

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Post by greendayyyy on May 28, 2024 12:01pm

Management

In January 2023, the share price was around 0.95, with silver at $22. Today, the price is around 0.44, with silver at over $32. Has this incompetent management closed its eyes or what? Keep up the bad work you've been doing for years.
Comment by jdbutts on May 30, 2024 5:07am
What's more telling to me is that, in Sept.'22, the share price was at 0.44 and the market cap of USAS was the SAME as it is today (80MM.)  Can you say dilution???
Comment by jdbutts on May 30, 2024 5:25am
Note:  The 0.44 I refer to is in USD.  Today's USD share price is 0.32.  Approx. 33% higher price gave you same market cap in '22.
Comment by stockwrestler on Jun 11, 2024 12:21am
that's what dilution does
Comment by a2bman on Jun 14, 2024 10:21am
I hate companies like this. Managment does give a shiiite about investors.  Fricken useless pocket stuffers
Comment by jdbutts on Jun 19, 2024 7:48am
Seems like Darren and the gang are well paid for not giving a shite!  Increases to Americas Gold and Silver Corporation's (TSE:USA) CEO Compensation Might Cool off for now (yahoo.com)
Comment by greendayyyy on Jun 19, 2024 10:56am
Blasutti's incompetence makes him one of the worst CEOs in the money maker market. This business has been in decline for several years. Look at production costs, which are increasing every quarter. I wouldn't be surprised to see silver rise to around $35 an ounce and see production costs reach that price in the coming quarters. This guy could give lessons on how to destroy a business.
Comment by a2bman on Jun 19, 2024 6:35pm
Do they even have an ncib?
Comment by jdbutts on Jun 24, 2024 8:32am
I doubt it.  Even if they did; they don't have much (any?) free cash to buy any shares.
Comment by greendayyyy on Jun 25, 2024 4:24pm
All eight were re-elected. No surprises. We're going to suffer again with the same incompetent management team.
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