First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.

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First Majestic Silver Corp

Bullboard Posts

Comment by tictactoe111on Mar 06, 2006 12:13pm

415 Views

Post# 10465137

RE: under value

Despite the recent mini run in the stock price we have been left behind by the majority of other silver juniors in percentage appreciation. In reality I believe, following cash silvers recent spike over US$10, we should be trading around the (minimum) C$5.50 mark although in fairness FR does have a habit of spiking when everyone least expects it. 2-point's technical analysis seems to have nailed it so far so it's fingers crossed because we could possibly be at the base of one serious run. https://xs70.xs.to/pics/06095/FRv_2Mar06.jpg Only news flow would drive the stock to such an extent though so it's reliant on whether Neumeyer delivers the required boost. We are due some news, should be interesting.