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First Majestic Silver Corp T.FR

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.


TSX:FR - Post by User

First Majestic Silver Corp > Silver is not poor man's gold - Keith Neumeyer
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Comment by Stratocheifon Dec 20, 2023 3:38pm
218 Views
Post# 35794453

RE: Silver is not poor man's gold - Keith Neumeyer

RE: Silver is not poor man's gold - Keith Neumeyer
Betteryear2 wrote:
972 Views Dec 14, 2023
Low silver prices don't make sense given that the metal is in a deficit, said Keith Neumeyer, president & CEO of First Majestic Silver (TSX:FR).

Silver is not poor man's gold - Keith Neumeyer (youtube.com)


Silver demand has two components...actual usage such as industrial, jewelery etc. And the other is investment and hoarding by silver enthusiasts. The former may be strong but if people sour on the idea of buying it as a safe haven investment, there will certainly be no deficit.

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