First Majestic Silver Corp C.AG.UN

Primary Symbol: T.AG Alternate Symbol(s): AG

Metals & Mining Silver

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.

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First Majestic Silver Corp

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Comment by pez4on Nov 14, 2008 2:40am

1020 Views

Post# 15585730

RE: Debentures also taking a beating

Only thing that matters with this company is the lawsuits.

Earnings/Financials are irrelevant at this point. With no anti trust investigation / lawsuits this trust would be trading way higher.

One of the other companies implicated pleaded guilty and is looking at a minimum $100 million penalty, not to mention the class action suits.

Arctic Glacier's market cap approx $33 million ....you do the math.

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