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Looks like we're finally going to see some good positive price movement out of USAS
any idea why this is dropping to new lows as Price of metal rises?
I can't find any news
$USAS .55 and going HIGHER.
added today at .43
Big Winner = $USAS
on the 7th I pilled in at .46 now waitng for funds to arrive at Schwab to get more.
WENT LONG AT .45 CENTS
The Pros @SilverisMoney on Telegram. ????????????????????????????
I see you are my seniorso I respect your opinion
I think this puppy will fly if and when silver crosses 25.
Decent announcement this morning that has not really created any excitement today. I guess I am one of a few believers in this stock.
Well Biden looked bad again on this last trip. More fodder for a terrible economy over here I should think. People better start thinking about what they should do with their retirement savings. Keeping traditional everyday stocks looks to be a thing of the past at least for the next 2 years.THIS IS ALL MY OPINION AND SHOULD NOT BE USED TO MAKE ANY MONETARY DECISIONS ON YOUR PART. I am just thinking out loud. Gold and Silver has always been the way to go when in doubt. Buying gold directly is not for the average person. Silver is a better choice but buying either directly is a tricky thing and not for the non investor. Think of all the things silver is used in commercially ONE BIGGY IS BATTERIES OF ALL KINDS. Silver is in short supply therefore prices will rise. Therefore miners will make more therefore mining companies who are public companies stock prices "SHOULD" rise. Copper is another to watch. Copper piping prices are through the roof.
As a new shareholder I am thinking that with our economy tanking and does not look that it will improve if any while our current president is in charge this stock should be promising. I enjoy playing in the penny stocks (anything under a dollar a share.) USAS looks favorable if it continues to succeed in what it is set up to do. Since I am not one to purchase gold or silver directly this is the next best thing.
GLTA!!!!!!!!!
52-Wk Range: 0.676 - 2.49 Today's low was 73¢
Gold Tops $2000 As Crypto-Correlation Crashes
BY TYLER DURDEN - MONDAY, APR 18, 2022 - 09:27 AM
https://www.zerohedge.com/markets/gold-tops-2000-crypto-correlation-crashes
You might like this. Eric Sprott bought in. Maybe good for gold and silver in general.
AMC Theatres (AMC) Enters Gold and Silver Mining
AMC to buy 22% stake in Hycroft Mining (HYMC)
By MARK KOLAKOWSKI Published March 15, 2022
AMC Entertainment Holdings, Inc. (AMC), the leading operator of movie theaters worldwide, has announced it is buying a 22% stake in Hycroft Mining Holding Corporation (HYMC), including the 71,000-acre Hycroft Mine in northern Nevada. According to independent third-party studies cited by AMC, the Hycroft Mine has some 15 million ounces of gold deposits and some 600 million ounces of silver deposits. AMC also will receive an additional 23.4 million warrants in Hycroft at $1.07 per share.1
Making an investment equal to AMC's is Eric Sprott, a leading gold and silver investor. Combined, AMC and Sprott are investing $56 million. AMC will obtain the right to appoint a member of Hycroft's board of directors.1
KEY TAKEAWAYS
Theatre operator AMC is buying a 22% stake in gold and silver miner Hycroft for $27.9 million.
Gold and silver investor Eric Sprott is making an identical investment.
AMC sees value in Hycroft that can be unlocked with its expertise in managing through the sorts of liquidity issues that Hycroft faces.
Details of the Deal
AMC and Sprott will each invest $27.9 million in cash in Hycroft in exchange for 23,408,240 units, with each unit consisting of one common share of stock of Hycroft and one common share purchase warrant (the “units”). The units are priced at $1.193, which complies with the minimum bid price required by Nasdaq for an at-the-market purchase. Each purchase warrant is exercisable for one common share of Hycroft at a price of $1.068 per share and will carry a five-year term from the date of issuance. The closing of the private placement is expected to occur on or about March 15, 2022.1
Views From AMC and Hycroft
Adam Aron, chairman and CEO of AMC Entertainment, stated in a press release: “Our strategic investment being announced today is the result of our having identified a company in an unrelated industry that appears to be just like AMC of a year ago. It, too, has rock-solid assets, but for a variety of reasons, it has been facing a severe and immediate liquidity issue. Its share price has been knocked low as a result. We are confident that our involvement can greatly help it to surmount its challenges — to its benefit, and to ours.”1
Later in the press release, Aron said: “... one would not normally think that a movie theatre company’s core competency includes gold or silver mining. In recent years, however, AMC Entertainment has had enormous success and demonstrated expertise in ... the raising of capital, and strengthening of balance sheets, as well as communicating with individual retail investors. It is all that experience and skill that we bring to the table to assist the talented mining professionals at Hycroft.”1
For Hycroft, the only way to go is up. The stock has been in the bearish zone, down 70% over the last year, even with the bump it got from the AMC and Sprott investments. Aron believes his company's involvement will help Hycroft navigate its liquidity issues.1
Market Reaction
By late morning on March 15, 2022, shares of AMC were up by about .5%, while shares of Hycroft had gained about 13%. Both stocks, however, had drifted down from larger gains immediately after the opening.
This is Keith Neumeyer of First Majestic at Global Metals and Mining Conference. He has a short term target of $30 silver and long term triple digit view. Getting over $30 in 2022 would most likely get USAS over $2.
https://www.kitco.com/news/2022-03-02/Big-tech-companies-may-buy-silver-miners-soon-says-Keith-Neumeyer.html
Thanks, same to you... Onward!!!
Hey Pro-Life - $600 an ounce sounds great - I’ll be elated to see $60. That should be enough to spike USAS past their old highs. The stage is set - curious to watch it all play out - ENJOY!
Hahah yeah that story definitely checks out. I had a couple of miners in the mid 2000s go to zero so i learned a bit there. Theres a right time to enter precisely us metal equities and thats when they are multi year lows and their product is at multi year high going to probably go higher. Not happy with the amount of shares i have with USAS but hey theres plenty of other good picks!
Here's an interesting story. I invest money for a family member and I had them in Vanguard Precious Metals & Mining fund. The fund did so badly for many years they changed the name to Vanguard Global Capital Cycles fund (VGPMX) and now the fund is required to hold a minimum of 25% in precious metals and the rest is invested in "safer" utilities and telecom.
Bottom line: if you are looking for some high quality names that have been vetted check them out
P.S nice that USAS solidly broke a buck!
Yessir. Silver will be the bigger winner eventually.
Be Ready: $600 Silver is Possible After This HAPPENS! - Lynette Zang | Silver Price Prediction - Feb 22, 2022
https://www.youtube.com/watch?v=k3kGozXQNxU
97% Will LOSE Money With Silver If They Don't Realise This - Lynette Zang | Silver Price Prediction - Feb 19, 2022
https://www.youtube.com/watch?v=nL3RKpfMFAM
Is the gold breakout for real? by John Polomny
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
Silver $24 Gold $1,900 Bitcoin $41,000. You decide.
Interesting to note that a poor country like India is so heavy into gold. I don't know how they do it.
Like USAS is fluctuating around $1, gold is fluctuating around $1,900...
Gold is for central bankers, millionaires, and billionaires. For wannabees like me I have to stick to silver. Not that I'm complaining though.
Congrats! Nice volume too. I'm feeling good about silver so $1 shouldn't be difficult
Nice theres the buck. Up pretty good now. Wonder if itll hold
Thanks. I bought between .72-.82 for a small profit.
Hey I feel ya. Hope you made a few bukcs to put elsewhere!
I sold today. I'm working too hard on the rest of my portfolio. And I'm not heavy into silver and gold. Just dabbling. USAS looks promising though. Should break $1.00
As it stands my commodity stocks are SVM (silver) TVCCF (copper) GURE (bromine).
Looking likely. I really wanted to get alot more shares in the .70s but oh well
Americas Gold and Silver Corporation (USAS)
Primed and ready to go. With 3 anticipated interest rate hikes this year, and company stock price just above 52 week low. Approximately 168 million shares outstanding.
Let's break $1.00 so we don't get any notices.
The ultimate traders...
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
I think thermal coal is going to be tight. It's too bad the U.S is not playing it right with ESG because there are solutions. I would have loved to buy BTU but it's too controversial.
Seeing anything interesting? Shortages to come?
China is the largest consumer of commodities. That's how I got interested in the subject. Plus the fact that commodities have the most explosiv$ upside potential.
Nope. Btw I watch the oil tanker and drybulk shipping markets. I'm getting some good intel on commodities.
Yeah i watched it All. Good stuff. Did i miss something?
Did you play the whole thing?
Hey yeah thats a great little graphic. Ol Australia and Russia sure have a lock on all sorts of resources
Btw nice green day!
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