First Majestic Silver Corp AG

Seeking Alpha discussion on the $500 M USD Mexico demands

[mattbigham]

Valueish_Investor

Today, 11:15 AM

Comments (92)

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Looks like some creative transfer pricing was used by First M management -"According to the government’s analysis, Primero Empresa Minera, which First Majestic bought in 2018, set its silver prices below market value in a system used by multinationals to shift profits to low tax havens."...

Clark158f1

Today, 12:43 PM

Comments (1.72K)

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@Valueish_Investo   rExactly....they sold to a subsidiary at below market prices to avoid taxes and got caught.

[CountOfMeltedCrisco]

Difficulties such as these are always solved by a liberal application of Palm Grease, a time-proven way to turn squeaky wheels into smoothly-turning ones. This time will be no different. 

[Marvin074]

LOLOL..posting someone's opinions on that ridiculous article..LMAO.. What happened to you Matty? Did ol foxy scare you into selling too soon? 

[mattbigham]

. If the allegations hold any merit and Mexico is now 'doubling down' against First Majestic it suggests some degree of attention should be granted. Or,you can simply use "LOL" as your position on the matter. It's your dime.

[oldfx1]

This post has been removed in accordance with Community Policy

[oldfx1]

This post has been removed in accordance with Community Policy

[Dmack1966]

She is up in afterhours and no one wants to sell their tickets upwards yet. Bet those shorts are nervous.

[XmasInJuly]

To think I had this at 9 and sold to pay taxes. Im back in just to hold the line against the shorts, win or lose..

[oldfx1]

This post has been removed in accordance with Community Policy