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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

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.


TSX:AG - Post by User

Bullboard Posts
Comment by tictactoe111on Mar 16, 2006 6:20pm
358 Views
Post# 10512557

RE: Higher high today! $4.19

RE: Higher high today! $4.19I think FR is choked full of long term investors that appreciate Neumeyers management style of growth without the fear of dilution so you are probably right, a significant lack of sellers. Lets not forget though that so far First Majestic moves, especially over the last six months have been mild compared to many other silver's of lesser quality so I would put it down to either we are simply catching up or we have some 'bundled' news flow heading our way for maximum impact. Either way it's nice to see it starting to pick up some momentum.
Bullboard Posts