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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 Mar 06, 2008 10:45pm
216 Views
Post# 14612062

RE: Honesty.

RE: Honesty.Orgy - Just address my conclusion that with a 40 % price rise in silver metal price, why in the world would FR be at $5.00 ???? Why in the world would CDE and all the other silvers not move up ???? Historically, economically and with every other commodity for decades on end metal stocks rise significantly when the metal price rises. How come different this time ???? They forgot to manipulate SWC for platinum and we clearly see that for the same percent increase in metal price it resulted in a tripling of the stock price. This is normal and appropriate reaction to a 40 % rise in silver price, because the increase is pure profit. No one wants to deal with that question ...... That is why I say paid basher - because we are at 20 dollar silver with all the massive amount of COMEX shorts still outstanding. 20 dollar silver is the same as 5 dollar silver in 1980 dollars. Silver has not even begun to rise. However, your bet is interesting - but in a manipulated rigged market, the metal could go to the moon - and the stocks still get stuffed. Therefore I could lose the bet. Remember, you are not paranoid, if everyone really IS out to get you !!!!!!
Bullboard Posts