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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 oldkrowon Jun 13, 2007 8:58pm
438 Views
Post# 12939720

RE: Shareholder value / New acquisitions

RE: Shareholder value / New acquisitionsHey, Your English is just fine. In my opinion, Keith will spend a large portion of the available cash putting the three existing mines in shape. I would love to see him pick up another good property, such as Orko Silver, but that could come later. The three mines we own now are capeable of much more than they were doing, so why not max them out, and get an improved cash flow rolling, and then expand with revenues. Personally I would be quite content with a plan like that. Good Luck from a German American--Cap Krause
Bullboard Posts

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