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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 13, 2008 3:55pm
478 Views
Post# 14655413

RE: Honesty.

RE: Honesty.Righttttttt !!!! I hate to break the bubble that you live in, but there is no possible explanation for the weakness of every mexican silver for the last 6 months except for one. Raw, in your face, blatant manipulation. The underlying metal price cannot go up nearly 50 % without any reaction in the metal's stocks except flat or down. It is absolutely against the basic laws of economics and has never happened in the history of markets !!!! You need to take that leap, because you seem to be a seasoned investor. As the price of silver doubles and then triples..... you will see these stocks go nowhere. The Fed cannot afford to let investors of anti-dollar assets like gold/silver make money. They need to forestall the panic to hard assets that will be coming. All commodity stocks are in their vice, but none more than the mid-tier to lower tier gold/silver stocks. Their only pathetic strategy is to buy some time, they can do nothing at this point to stop the tsunami of debt / foreclosure / bankruptcy that will rain on the USA in the next 3 years. There is no free or fair markets. The whole thing is a rig job that is about to implode.
Bullboard Posts