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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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    Gold poured for first time in 30 years at Nevada’s Relief
    Canyon Mine
    News | March 6, 2020
    Nevada News Group
    https://www.nnbw.com/news/gold-poured-for-first-time-in-30-years-at-nevadas-relief-canyon-mine/

    Americas Gold spokesman Jack Perkins said the initial gold pour did not yield a significant amount of the precious metal and was intended primarily as a trial run for the upgraded refinery.

    “The recent gold pour was small and really just focused on testing the equipment,” he explained last week. “We are anticipating a substantial gold pour and a ribbon cutting ceremony in late April.”

    Otherwise, the mine “ramp up” is proceeding on schedule and within the $30 million budget, with 200,000 tons of ore stacked on the new leach pad. The mine is running 24 hours a day, with the goal of reaching maximum production capacity by stacking 14,500 tons of ore per day.

    The company’s consolidated gold equivalent production for 2020 is expected to reach 60,000-70,000 ounces, which would amount to an approximately 300 percent increase over 2019. In 2021, the company expects to produce 90,000-110,000 ounces of gold.
     
  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    USAS looks cheap to me. The below numbers are with a gold price of $1,290. Market Cap of USAS is $136 Million. Do your own maths and which stocks to own in these challenging times. Gold will rise for sure midterm due to lots of spending by governments and low interest rates.

     
    #82 Dan Thunderbolt, Mar 18, 2020
    Last edited: Mar 18, 2020
  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    As long as the production of gold will not be negatively impacted by Corona USAS is a strong buy at current levels imo.
     
  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    "USAS is a fabulous buy" (at 1:45 min)

    Pierre Lassonde: Broadcast Interview
    March 13, 2020
    https://kingworldnews.com/pierre-lassonde-broadcast-interview-available-now-3-14/

    Pierre was President of Newmont Mining Corporation from 2002 to 2006 and prior to that from 1982 to 2002 was a co-founder and co-CEO of the original Franco-Nevada. He is past Chair of the World Gold Council, author of The Gold Book and has served on many mining boards and industry committees and is recognized for his philanthropy.
     
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Gold now at $1.650 :) This means below numbers are 73 % higher. USAS is a screaming buy, commercial production a few weeks away...

    According to the Relief Canyon Technical Report and Feasibility Study the operations will generate the following Net after operating costs (Page 18 https://www.americas-gold.com/site/assets/files/5091/relief_tech_report_2018.pdf)

    Net after Operating Costs
    • Year 1: $24,064.5 (Total Gold Produced: 68,660 ounces)
    • Year 2: $37,815.7 (Total Gold Produced: 83,270 ounces)
    • Year 3: $38,741.9 (Total Gold Produced: 86,390 ounces)
    • Year 4: $25,607.8 (Total Gold Produced: 83,850 ounces)
    • Year 5: $38,089.2 (Total Gold Produced: 93,520 ounces)
    • Year 6: $81,392.8 (Total Gold Produced: 93,170 ounces)
    • Year 7: $998.1 (Total Gold Produced: 650 ounces)
    • Total: $246,710.1 (Total Gold Produced: 509.51 ounces)
    I did not include the amounts of Silver produced in the above overview. The model is based on $1,290 per ounce gold price and $16.75 per ounce silver price.
     
  7. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Some notable excerpts from a recent interview with the CEO of USAS:

    Americas Gold and Silver, Blasutti said, is in a good position. He explained that in Nevada, gold mining is considered an essential service. He said that the company’s Relief Canyon mine is close to commercial production after its first pour reported last month.

    Finally, Blasutti said that mining companies that are still working in the current environment need to show strong leadership and follow all recommended safety protocols.

    “If mining companies don’t take the appropriate safety measures and the virus spreads at mines, then they could be shut down and that is something we don’t want,” he said. “We have the opportunity to lead and show the world that we can safely protect our workers.”

    Friday March 27
    Kitco News
    https://www.kitco.com/news/2020-03-...-ts-print-money-Americas-Gold-and-Silver.html
     
  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    This is one of my fav stocks moving forward. Commercial production at Relief Canyon is expected for the end of Q2. With the current price of gold Relief Canyon will be a cash cow. Market cap is way too low imo...
     
  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    USAS getting some love today. Obviously with a gold price of above $1,700 USAS is a screaming buy. Current market cap is 165 million. Commercial production is around the corner...

    Relief Canyon Net after Operating Costs
    https://www.americas-gold.com/site/assets/files/5091/relief_tech_report_2018.pdf
    • Year 1: $24,064.5 (Total Gold Produced: 68,660 ounces)
    • Year 2: $37,815.7 (Total Gold Produced: 83,270 ounces)
    • Year 3: $38,741.9 (Total Gold Produced: 86,390 ounces)
    • Year 4: $25,607.8 (Total Gold Produced: 83,850 ounces)
    • Year 5: $38,089.2 (Total Gold Produced: 93,520 ounces)
    • Year 6: $81,392.8 (Total Gold Produced: 93,170 ounces)
    • Year 7: $998.1 (Total Gold Produced: 650 ounces)
    • Total: $246,710.1 (Total Gold Produced: 509.51 ounces)
    The model is based on $1,290 per ounce gold. As a result the net after operating costs is around 83 % higher with a price of Gold $1,700 (AISC at Relief Canyon is $801).
     
    #89 Dan Thunderbolt, Apr 9, 2020
    Last edited: Apr 9, 2020
  10. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Back above $2 again. USAS will continue to move higher imo.
     
  11. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    New Company Presentation
    https://www.americas-gold.com/investors/presentations/

    Slide 4
    COVID-19 UPDATE

    Our operations in Nevada and Idaho continue to operate according to state government guidelines; challenges are present in getting key personnel, contractors, consultants and equipment to site

    Our Cosalá operations are currently impacted by an illegal blockade at site, which forced the Company to suspend mining activities at the end of January and as a result, the impact of the suspension of non-essential activities in Mexico is muted
     
  12. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    DGS Europe Virtual Conference Presentation
    Americas Gold and Silver Corporation

    14 April 2020


     
  13. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Market cap of USAS is still below $200 Million. Still a great buy imo at current levels.
     
  14. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    New May Company Presentation available. Market cap of $210 Million is still very low imo. This should change once commercial production is achieved at Relief Canyon end of Q2.

    https://www.americas-gold.com/investors/presentations/

    - Ramp-up to commercial production by end of Q2 proceeding
    - At current gold prices, Relief Canyon is a very high return project
    - Expected annual production of ~90,000 oz Au at AISC of ~$800/oz over an ~6 year initial mine life
     
  15. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  16. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  17. Dan Thunderbolt

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    Looking good today :)

    Two upcoming major catalysts:
    1. Commercial production at Relief Canyon gold project early Q3
    2. Restart of Cosala silver mine in Mexico
     
  18. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Americas Gold And Silver Corp.: Junior Miner With Value And Upside Catalysts
    Jun. 1, 2020
    https://seekingalpha.com/article/43...-corp-junior-miner-value-and-upside-catalysts

    Summary
    Americas Gold and Silver is on track to begin commercial gold production at its Relief Canyon project in Q3, setting up a positive outlook for the year ahead.

    Operations in Mexico that were shut down by the government as a non-essential business due to the COVID-19 pandemic is set to restart in June as another positive development.

    The stock trades at a discount to its peer group of junior miners and we see significant upside from the current level.
     
  19. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    USAS is currently the largest position in my portfolio. There are several events upcoming with a possible positive impact on the share price:
    • Commercial gold production at Relief Canyon project beginning of Q3. Expected annual production of ~90,000 oz Au at AISC of ~$800/oz over an ~6 year initial mine life.
    • Restart of the Cosala Silver mine in Mexico
    • Drilling results at Galena Silver mine in Idaho
     
  20. Dan Thunderbolt

    Dan Thunderbolt Active Member

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