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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

Comment by HavingFunon Jul 08, 2020 4:28pm
63 Views
Post# 31241682

RE:RE:RE:RE:RE:RE:RE:RE:Whaaassapppenin'?

RE:RE:RE:RE:RE:RE:RE:RE:Whaaassapppenin'?
i dont want to argue.  we all want gold to go up. :) 
you are right though.  opportunity cost of investments in gold and related investments over that time have been huge.  no one knew the US fed would print money they way have, reverse repo operations, denial of swift system to some nations, tariffs, sanctions on countries, anything to maintain USD dominance.  no one accounted for that and how extreme the US fed took it to preserve the american way.
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