First Majestic Silver Corp AG

Mex tax issue...thoughts

[JBoukis]

At the end of the day, Mexico can ask what it wants.  As far as I'm concerned, this is nothing but a tax grab to see what they can get.  

"SAT issued a $132 million tax bill for 2013, when Primero's had a pretax net income of $4 million that year. So the tax for 2013 is more than 30x times what they earned. Lol. The other years are no different. First the SAT tax is in contradiction with the signed agreement with the SAT, second the amount is in complete disproportion. No way that gets through."

Don't let us these bashers/shorters and mentally unstable people scare you out of this investment.  I am not saying that this tax issue is not an issue, it is, and comes with risk but please do your own DD and use facts rather than conjecture.  

EVERONE HAS AN AGNEDA. 

[tictactoe111]

Of course it's hyped up by the tax authorities themselves and the short/s are piggy backing the situation, that's natural. You could even put your paranoia hat on and surmise that the tax authorities could have even been 'prompted' by the bullion banks if they were the ones sat on the large short position. Tax authorities, as with any negotiation, it's all about from a

[LittleAna]

I bought at 7 bucks so i'm doing great!!