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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 tictactoe111 on Sep 13, 2024 9:08am

USA/USAS

This is how I'm viewing USA/USAS. I can see this way over $ by October end if momentum continues. Ignored and off radar currently.
https://i.dailymail.co.uk/i/pix/2012/01/26/article-2091135-11742179000005DC-804_634x410.jpg
Comment by jdbutts on Sep 16, 2024 7:24am
While I normally dislike stock predictions that come with any rocket ship image, I'm inclined to agree, IF the momentum continues into October, as evidenced by a Quarterly Production Report that suggests they are approaching profitability.  Yet another set back/excuse for not taking more out of the ground and all bets are off!
Comment by Tartar3 on Sep 20, 2024 8:51pm
I agree approaching profitability but not there yet, this is from the most recent MD&A. At June 30, 2024, the Company did not have sufficient liquidity on hand to fund its expected operations at the prevailing commodity prices for the next twelve months and will require further financing to meet its financial obligations and execute on its planned operations, such as the recently signed ...more  
Comment by tictactoe111 on Sep 24, 2024 10:09am
We've just got to await $USAS to break 29c and then, in theory, we're away and running
Comment by tictactoe111 on Oct 13, 2024 3:32pm
Given our new CEO arrival here's a prediction - $USAS will get bought out once everything's cleaned up and prepped including the balance sheet. I don't think it will happen in 2025 when we'll likely be trading $2.50+ but it will probably be in 2026 with the likely bidders being either Hecla or First Majestic, my guess the latter as their paper significantly improves once Gatos deal ...more  
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