First Majestic Silver Corp 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.

TSX:AG - Post by User

First Majestic Silver Corp

Bullboard Posts

Post by briton Aug 13, 2009 9:57am

338 Views

Post# 16215466

Options Are Not a Real Concern

Hey Mates,

I don't mind options being granted provided they are deserved. That means shareholder value continues to appreciate. So far with my investments in FR and the "B" wts. that's been the case.

However management here has to be aware of the perceived dilution that institutions take into consideration as they analyze potential acquisitions. To lose institutional interest would be foolish on the part of the Board. Time will tell whether we have a wise, or incompetent crew manageing our ship.

Cheers,

Brit

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