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USAS - Americas Gold And Silver Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Dan Thunderbolt, Apr 2, 2019.

  1. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Onepoint272 likes this.
  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    USAS back above $3 today. First Gold pour only a matter of days. Lots of potential here imo.
     
  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    First gold pour could be any day now. Relief has some impressive numbers :)

     
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    December 19, 2019
    Americas Gold and Silver Announces Initial Ore Placement at Relief Canyon and Provides a Construction Update
    TORONTO, ONTARIO -December 19, 2019 - Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, provides a construction update on the Relief Canyon gold project in Nevada.

    The Relief Canyon project has advanced to its final stage of construction with initial ore placement on the leach pads achieved earlier today and first gold pour expected in the first half of January 2020. The development continues on budget at a rapid pace and the Company expects to bring the mine into commercial production by late Q1/early Q2, 2020.

    https://www.americas-gold.com/news-...ef-canyon-and-provides-a-construction-update/
     
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  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Closed at $3.21 before the Xmas break. Nice Xmas gift for me. I am very confident that USAS will continue to move higher in the coming weeks.
     
    Onepoint272 likes this.
  7. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Here is some interesting information imo concerning future drilling at Relief Canyon. But of course lets first get production started...

    https://www.prnewswire.com/news-rel...te-relief-canyon-land-position-300703133.html
    Aug 28, 2018
    "This ground contains known targets we have developed in the last two years. The transaction allows the Company to advance known targets, increasing the potential for discovery of satellite deposits that could be brought into a near-term production profile at Relief Canyon upon commencement of operations," stated Alfers."

    https://www.prnewswire.com/news-rel...areas-in-2018-drilling-program-300643113.html
    May 07, 2018
    ""Recent drilling indicates that the Main Zone is substantially wider than in the existing pit, and this Main Zone continues up to 900 ft (274.4 meters) to the west of the existing pit. Additionally, gold grades and cyanide solubility are consistent with previous results in the Main Zone. This could result in increased tonnage in the Main Zone and in the pit itself, which could bring more tons earlier into the mine plan," explained Alfers. "West Step Out drilling indicates that zones of mineralization are continuous to the west. This confirmed continuity of mineralization may allow us to expand the pit up to 400 feet (122 meters) to the southwest. West Step Out drilling also resulted in several intercepts with grades substantially higher than historic results, which may result in enhanced economics for the project," stated Alfers."
     
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  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Very convincing presentation - Strong Buy ;)

    A High-Growth, Low-Cost Precious Metals Company in North America - Americas Gold and Silver Corp.
    14 November 2019
    The Silver & Gold Summit

     
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  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Countdown to first gold pour in the first half of January. In addition the price of gold is moving higher. Good times ahead imo.
     
  10. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    First gold pour could be any day now. USAS should continuously move higher from then on. One of the best precious metals company to own imo.
     
  11. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    The company sent out an update via email today:

    • Mining ramp up is on schedule and is moving to 24/7 mining in late January.
    • There is over 100,000 tons of ore stockpiled ahead of the crusher, and the crusher is already running at capacity.
    • The stacking rate is ramping up, and belt agglomeration is working well.
    • Ore is under irrigation with good heap permeability.
    • The preg solution inventory is growing
    • Last piece for mercury abatement equipment arrived for installation to allow gold pour. Commercial production is on track for early to mid Q2, 2020.
     
  12. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    First pour due at Relief Canyon for Americas Gold and Silver
    21 January 2020

    Americas Gold and Silver expects to make the first gold pour from its Relief Canyon project in Nevada USA next week, president and CEO Darren Blasutti told Mining Journal at the Vancouver Resource Investor Conference.

    Commercial production is expected to be reached in the second quarter with 2020 output estimated to be 60,000 ounces gowing to 90,000 ounces in 2021 bringing its total production to 100,000-120,000 ounces...

    Then the article requires a subsription.

    https://www.mining-journal.com/even...at-relief-canyon-for-americas-gold-and-silver
     
  13. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  14. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Americas Gold and Silver Expected to Pour First Gold at Relief Canyon this Month
    Posted on February 5, 2020 by Alex Deluce
    https://www.goldtelegraph.com/ameri...-pour-first-gold-at-relief-canyon-this-month/

    With Relief Canyon coming into commercial production shortly, it is worth highlighting the project’s fantastic economics. It has an initial mine life of 6 years; the keyword here is initial as the project has significant exploration upside as only 20% of the 11,700-hectare land package has been explored to date. Relief Canyon is expected to produce 90,000 ounces annually, with all-in sustaining costs coming in at $800/ounce.

    The projects pre-tax NPV is $154M at a gold price of US$1,290; indicating significant upside with gold price appreciation. The gold price today is over US$1,550, which shows the type of free cash flow; this project will generate the company. It has extreme leverage to the gold price with its outstanding economics, but it also provides investors exposure to further discovery potential with its under-explored land package.

    If you’re looking for exposure in a high-growth, exciting silver, and gold producer, we believe American Gold and Silver is one to have an eye on this year as it could have a significant revaluation. Guided by a management team that has dropped all-in sustaining costs by 70% in 4 years with numerous assets in North America, this one has many catalysts in the months to come.
     
  15. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Sandstorm Gold Royalties Announces Record 2019 Annual Results and Uplisting to the New York Stock Exchange
    February 13, 2020 4:47 PM EST

    Relief Canyon Stream & Royalty
    Americas Gold announced late in the fourth quarter of 2019 that they have advanced to the final stage of construction at their Relief Canyon project with initial ore placement on the leach pads. The first gold pour is expected in February 2020 and Americas Gold expects to reach commercial production at Relief Canyon during the second quarter of 2020.
    For more information, refer to www.americas-gold.com and see the press release dated December 19, 2019

    https://www.streetinsider.com/Acces...+to+the+New+York+Stock+Exchange/16470128.html
     
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  16. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    First gold poured at Americas Gold and Silver’s Relief Canyon
    By: Trish Saywell February 19, 2020
    https://www.northernminer.com/news/...elief-canyon/1003814097/#.Xk78u80TXQ8.twitter

    Nine months after construction began on its Relief Canyon mine in Nevada, Americas Gold and Silver (TSX: USA) has poured first gold and expects commercial production to start before the end of the second quarter of the year.

    Relief Canyon, about 153 km northeast of Reno, was built within budget for US$28 to US$30 million.

    The mine will produce 91,000 oz. gold per year over a 5.6 year mine life at all-in sustaining costs of US$801 per ounce.
     
  17. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Leverage to gold price of recently launched Relief Caynon project:
    This is from an old Pershing presentation. The current NPV would now be around $297M with the current price of gold. The current market cap of USAS is around $270M. The stock has lots of upside potential imo.

    Feasibility Study Gold Price Sensitivity Analysis (before tax)
    Gold Price/oz Au: $1,450
    Feasibility Study NPV, 5%: $217M
    Feasibility Study IRR: 127%

    Leverage to gold price:
    Each $50 increase in gold price creates ~$20 million in NAV
     
  18. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    The current market cap of USAS is now $190 Million. The below numbers are based on $1,290 per ounce gold price. If you are not yet invested you might want to keep USAS on watch for a possible good entry point...

     
  19. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    New Corporate Presentation
    March 2020 - PDAC
    https://www.americas-gold.com/site/assets/files/5397/presentation20200228.pdf

    • Relief Canyon has poured first gold, completed initial construction within budget and remains on track for Q2 commercial production
    • Expected annual production of ~90,000 oz Au at AISC of ~$800/oz over an ~6 year initial mine life
    • Pre-tax NPV, 5%of $154M at a gold price of US$1,290; significant upside with gold price appreciation
    • Significant exploration upside
     

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