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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 Galena Complex in Idaho, United States of America (USA) and the Cosala Operations in Sinaloa, Mexico, and is re-evaluating the Relief Canyon mine in Nevada, USA. The Company also owns the San Felipe development project in Sonora, Mexico... see more

TSX:USA - Post Discussion

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Post by Tartar3 on Oct 09, 2024 1:29pm

Deal consolidation

The best part to this deal is that if silver goes on a serious run Americas will participate now and that is good news, whether they'll be sucessful in all they set out to do only time will tell, dilution is rather large but they are swinging for the fences not just content on getting to first base, I've been invested here for a few years now and I finally believe I made the correct decision, no mention of Relief in the plans though, but if gold stabilizes around here or goes higher it's only a matter of time before we hear something I'm sure.×
Comment by jdbutts on Oct 09, 2024 2:47pm
Agree re correct decision. On Relief, my take is that this is all about Sprott, so gold play secondary.  Neither the time nor the inclination to do a deep dive, but my take is this means the production numbers (scheduled to be announced next week) will be very good.  By doing the deal this week, Sprott gets to come in to TopCo at a valuation that is at market over last 30 days or so ...more  
Comment by Tartar3 on Oct 13, 2024 4:58pm
Heard Eric on a podcast after the deal was done, did not mention Americas by name but said he just bought 22% of a silver company, said he's not a quick seller of any company he believes in, however, everyone has a price, my opinion,  but it was good to hear he's not a quick flipper, but he . also added when he makes this kind of investment you better believe he's done his home ...more