First Majestic Silver Corp T.FR

Primary Symbol: 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. 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.

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First Majestic Silver Corp

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Comment by threecpxon Apr 23, 2008 12:49pm

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Post# 15001275

RE: WOW.. major increase in production...

Not to rain on your parade but the last financials reported ONLY 3.5M oz of production.

That is les than 4M.

I doubt in the span of 1 year they can double production while it has taken them 4 years just to get to 3.5M oz.

I think my numbers are OK, but do check and correct me if I am wrong.

Best hope for FR is to get back to old highs so we can recoup our loses and sell there... and that is most everyone on this board ... maybe.

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