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First Majestic Silver Corp C.AG.UN


Primary Symbol: 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 onemorespideron Nov 03, 2006 10:32am
219 Views
Post# 11610476

Got filled this AM

Got filled this AMThis is the 2nd time I have been in Arctic - 1st time was before they went income trust. I am looking forward to receiving the distributions for the next 4 years and fully expect, if management doesn't change, that even after 2011, the company will have grown enough to make up for the change to the tax rules. I would imagine that the payout/dividend in 4 years will probably reduce on a percentage to share price value, but still be a reasonable return. By the way, I agree with Nagy's comment printed in the Free Press. Your friendly neighbourhood web spinner!
Bullboard Posts