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First Majestic Silver Corp T.FR

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:FR - Post by User

Bullboard Posts
Comment by goldguy007on Oct 03, 2014 1:43pm
128 Views
Post# 22996581

RE:RE:RE:RE:RE:13 Red Candles!

RE:RE:RE:RE:RE:13 Red Candles!

oldfx,

I come from the point of view that the future is unknown, so I don't get too caught up in long term projections.

I see all the major economies as having to deal with deflation, including the US.

I agree that all the major economies of the world have huge debts, but unfortunately that is the case for the US as well.

I don't see the USD as being a save haven currency as it basically sucks about a much as the rest.

All of the fiat currencies are in a race to the bottom in a misguided attempt to boost exports.

I don't see the USD as a necessary winner in the currency wars.

Maybe China will be, but they have plenty of near term problems to deal with.

goldguy
Bullboard Posts