Bullboard - Stock Discussion Forum First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

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... see more

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First Majestic Silver Corp > FR JV with DSV or AAG?

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Post by papalegros on Oct 09, 2020 12:45pm

FR JV with DSV or AAG?

Possible? Same as MAG/Fresnillo?

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Comment by Heywood_Silvers on Oct 11, 2020 12:29am

First Majestic squandered a golden opportunity to acquire the Cordero project, arguably the largest untapped silver source in the world, last year when Keith allowed the Oxygen Group's Discovery Metals to swoop in and acquire the project at a modest price. Keith also butchered the Silver Crest acqusition and probably overpaid for Orko. FM seems directionless at this point. I know ...more

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Comment by oldfx1 on Oct 11, 2020 11:31am

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Comment by mattbigham on Oct 12, 2020 12:29am

You aren't in any way up to speed on FR and you sound confused,Heywood. FR are extremely profitable($10.50-$12.50 AISC) 40% of production is gold. 60% is silver. 1.Orko was bought out by CDE. 2.The Cordero project is primarily base metals. 3.The company has shut down four of seven producing mines and implemented massive technological infrastructure at considerable costs (3 HIG mills,LNG,micro ...more

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First Majestic Silver Corp