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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
Post by scissors14on Apr 28, 2006 9:17am
290 Views
Post# 10747918

First Majestic On Closing High Roll

First Majestic On Closing High RollFirst Majestic On Closing High Roll, Setting Third Straight On Higher Volume Apr 28, 2006 (financialwire.net via COMTEX News Network) -- April 28, 2006 (FinancialWire) First Majestic Resources (TSX Venture: FR; OTC: FMJRF) set its third new 52-week closing high in as many days on the TSX exchange, ending the day at $5.28 in Thursday's trading, gaining 2.52% on volume of 319,560, which was higher than its average 178,903. First Majestic Resource Corp. is enrolled in Investrend Research's unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company's commitment to transparency and good governance. On April 21, 2006, Investrend Research analyst Michael Schmidt, CFA, initated the company as a "Speculative Buy/4," saying that the company's outlook was positive, but it needed to show future profitability. The Investrend Research program is the largest in the world and includes a number of safeguards to reduce or eliminate conflict. These systems, including media coverage and endorsements, may be accessed at https://www.investrendresearch. com Investrend Research subscribes to the "Standards for Independent Research Providers" at https://www.firstresearchconsortium.com, and adheres to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (https://www.niri.org) and the CFA Institute (https://www.cfainstitute.org). Buyside Magazine has stated that Investrend Research "remains in the vanguard of both standards and independence." ODwyerPR has cited Investrend Research as "exceeding the standards of CFAI-NIRI." The CFA Magazine, citing Investrend and its affiliates as having "strict rules about compensation and full disclosure," which "should go a long way towards ensuring objectivity," said "issuer-paid research is here to stay." Investrend has been cited by the Dow Jones Newswires, Financial Mail, Shareholder Value, and NIRI's "IR Update," which stated that Investrend "accomplishes the goal and more." Investrend's model has been endorsed by the New York Times, former SEC Chair Arthur Levitt and shareholders themselves, 70.9% of whom said in a survey at InvestoPedia, that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential." A survey at Charles Schwab & Co. revealed that 78% of active shareholders now "value research from independent firms over analysts by Wall Street firms with financial ties to the companies they are rating." Enrollment fees for the Benchmark research platform are $24,800 and are being paid by the company. All independent sponsored research distributed by Investrend Research Syndicate are enrolled for investor-monitoring by the Shareholders Research Alliance at https://www.shareholdersresearch. com. Complete information about any company enrolled in an Investrend shareholder empowerment platform, including those of its affiliates and independent analysts and webcasters, including disclosures and disclaimers, is available at the company's InvestorPower page at https://www.investrend. com/company/list.asp?sPathParam=yes and on each report and press release, and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company. For up-to-the-minute news, features and links click on https://www.FinancialWire.net FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on https://www.investrend. com/contact.asp For a free annual report on a company mentioned in the news, please click on https://investrend.ar.wilink. com/?level=279 The NewsFeed is now available in multiple formats to your site or desktop, free. Click on: https://www.investrend. com/XmlFeeds?level=268 https://www.financialwire.net (C) 2006 financialwire.net, Inc. All rights reserved.
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