Q: Americas Gold & Silver has hired a lobbying firm to solicit the US administration on the merits of investing in the company due to their Antimony assets. Any comment on this initiative. Do you consider USAS one of the better silver investments at its current price?
5i Research Answer:
We do not have any issues with this, considering that the US is seeking to protect its interests in several areas. Though with its stock up 402% this year, it hardly needs help right now in attracting attention. It is a producer, has lots of cash, and should be profitable next year. Recent mineralization results were good. Insiders own 13%, Eric Sprott owns 45%. Silver equivalent ounces produced were 839,000 in the Q2, up 36%. We would consider it attractive for the sector, in the top half of the group.