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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 coach247on Aug 16, 2007 12:04pm
429 Views
Post# 13256029

RE: Final

RE: FinalFor anyone that was not around the junior mining sector when Bre-X happened, now you know what we went through back then... This is the worst selloff I can remember, even worse than the post Bre-X crisis. When the bottom is in, and it may happen today, I think we have a few months of repair work to do before confidence will sustain a run higher. I do think the desparation from the CBs to inject liquidity will be the last straw and that inflation is going to be the driving story in the markets for many years, so perhaps gold and silver will lead the way higher. cheers! COACH247
Bullboard Posts