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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a Canada-based mining company focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada. The San Dimas Silver/Gold Mine is located approximately 130 kilometers (km) northwest of Durango, Durango State, Mexico and consists of 71,868 hectares (ha) of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located 150 km northeast of the city of Hermosillo, Sonora, Mexico and controls mining concessions totaling 102,244 ha. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. La Encantada has 4,076 ha of mineral concessions and surface land ownership of 1,343 ha.


TSX:AG - Post by User

Bullboard Posts
Comment by thinker1951on Mar 22, 2009 11:05am
417 Views
Post# 15861348

RE: Interview w Keith Neumeyer

RE: Interview w Keith NeumeyerThanks for that link. I really felt like I caught a good take on the man behind first majestic. The number of issues of equity has hurt the share price as we are actually witnessing again right now. On the other hand look at the results. His goal is to become a significant silver player and he is doing it. Now if silver and gold do take off (say within a one year time frame my guess) First majestic will have lots of cash flow. Not a long time holder just refocused my portfolio to commodities and right now precious metals. I feel fortunate that I can purchase a forward moving aggressive company that is building production levels of silver at these bargain prices and at these momentous times for precious metals. Thanks again.
Bullboard Posts