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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

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Post by greendayyyy on Jul 02, 2024 5:13pm

Price

We'll need a silver price above $40 an ounce, otherwise the share price will be hovering between 0.25 and 0.35 for a long time. We may never see more than $1 here again.
Comment by a2bman on Jul 03, 2024 10:16am
silver will never hit 40 and this stock wil never hit a buck agian without a consolidation.  POS
Comment by greendayyyy on Jul 03, 2024 12:45pm
I think we could reach over $40 an ounce by the end of September. For a rise above $1 a share, I don't think we'll be able to reach it again. Personal opinion, of course.
Comment by a2bman on Jul 03, 2024 2:31pm
$40 again? Are the Hunt brothers still alive?
Comment by Tartar3 on Jul 04, 2024 10:02am
They need to get production up at Galena and AISC drops below $25 and over $30 silver will be profitable that's why the delay in completing the hoist is so important, and the best we can hope for RC is that gold price increases and they can sell it, EC 120 project comes on-line,  at best this is a next year story if they can make it that far, but do expect more dilution 
Comment by greendayyyy on Jul 06, 2024 12:25pm
They must sack Blasutti or sell. No other alternative. Blasutti can retire or go to work for McDonalds as a restaurant manager if he's up to it.
Comment by canuckman1 on Jul 10, 2024 2:57pm
I 100% agree.  I sold my remaining shares just now in this company.  How this management team has been allowed to remain in these positions is bizarre to me.  They have destroyed the investments of so many shareholders including myself but continue to thrive financially year after year.  I wanted to know how much the management team was compensated in 2023 so I posted just ...more  
Comment by stockwrestler on Jul 10, 2024 3:43pm
truly a sick stock, is the bid fake?
Comment by tictactoe111 on Jul 10, 2024 5:21pm
High cost loss making miners is where you often find the most leverage when the metals really start making a move but they're lateoff the starting block. Perhaps we'll have a heavy loss making into profit scenario, even if it happens to the management by accident. I'm optimistic when it does go in the right direction it will be on steroids but only after the metals take away all doubt ...more  
Comment by greendayyyy on Jul 10, 2024 6:20pm
Another bad day with no surprises. As long as Blasutti is at the helm of this slowly sinking ship, we'll end up like the Titanic.
Comment by Tartar3 on Jul 10, 2024 9:30pm
I disagree,  it's already sunk, the question is will it rise again? I for one don't know, but $35 silver will help the balance sheet
Comment by tictactoe111 on Jul 11, 2024 6:36am
I see realistic downside as 20c and upside as potentially $$+ so a reasonable risk/reward ratio imho. Of course $35 silver will change the dynamics as would $50+ silver. Silver re-pricing however is crucial for this to explode upwards. We're not at this stage yet but don't under estimate the power of a name when investors are suddenly looking for exposure that are completely new to the ...more  
Comment by Tartar3 on Jul 12, 2024 8:03am
I agree, D Durett has this listed as a 50 bagger if they can get their act together, a little high to me but I can see a 20 if they do, that's why I remain here, chance are slim but the reward is obvious, a turn around story in a PM bull market. Enable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable GingerRephraseRephrase with Ginger (Ctrl+Alt+E)Edit ...more  
Comment by Jonny2fingers on Jul 12, 2024 1:42pm
Another (somewhat) similar potential opportunity is "Scorpio Gold" (best part is they ARE NOT in the business of making bread). I mention SGN.V because I am very familiar with it...not because I am "pumping" it.  There are likely a million or more other similar opportunities out there (for a bull PM market)....I'm just not aware of them, so I only mention the one I am ...more  
Comment by tictactoe111 on Jul 13, 2024 6:01am
Just for clarity when I mentioned a potential downside of 20c I was referencing US listing USAS and not USA. Well it seems to be waking up and opening one eye! I'm expecting a 'leap' rather than a slow climb to 52c next. Thirty five years of trading/investing in pm equities tells me that it rarely plays out exactly as I expect though so as always, caveat emptor. I think a x50 is ...more  
Comment by greendayyyy on Jul 17, 2024 4:16pm
A 10% drop today. Am I surprised? Absolutely not. This rotten management does nothing for the shareholders, but they never forget to give themselves big salaries. Keep up the bad work that's been going on for years.
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