First Majestic Silver Corp T.AG

Q4 musings

[mattbigham]

$24.75-$25 per oz average silver price in Q4

5.2 M oz Q3
$9.94 AISC Q3
Realised an average $22.58 per oz in Q3

With $2.25-$2.50 more revenue per oz  and an expectation of greater production FR should  have a healthy cash position round about $260 M USD's.

[stocktraderguy1]

nice! just imagine what the SP will do when the predatory and criminal short sellers cover!

[stocktraderguy1]

with silver averaging $25,, how much free cash do you think they are adding each month? I understand that this will vary according to how much drilling and other (optional) things they do but is it 10 million,, 12 million,,, 15 million every month ... just curious.. thnks  I feel that even if silver does nothing but average $25 for the next few years...  shorts covering (is an eventual