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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 GOLD8888on Sep 25, 2006 5:10pm
229 Views
Post# 11417115

RE: GOLD8888

RE: GOLD8888If you noticed by my posts.... it took me over the weekend to figure out what Keith Neumeyer was up to. No, the release of the Dios Padre empty drilling holes does not warrant the 60 % decline by any stretch of the imagination of this stock. Unfortunately, KN will not let up on the selling until December 13th..... so we have two and half more months of this stumbling to go before a repreive. By the way, if you do not think that FSR events are behind the selling, how do you explain this drastic move down ? How do you explain today's action ? How much lower can they take this ? I do not think we are going much lower, and so I still say this is a screaming buy..... but the credibility of the CEO is important to a company. When you know that the CEO has no regard for morals or the shareholders and is just churning bonuses for himself and cronies - Do you think that is good for a company in the long run ?
Bullboard Posts