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 HCI_STEELon Mar 23, 2011 10:57am

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Post# 18327571

RE: RE: RE: RE: DOJ not proceeding against AG

The other option is that someone buys they and that buyer is required to offer to buy the debs within 30 days change of ownership.

It they offered a high enough interest rate (higher than current rate) I'd be open to extending. In reality though the largest deb holder gets the say for the rest of us.

Worst case it becomes a capital loss to write off against other gains...for those of us holding the debs/units in a non-registered account. No big deal either way IF people don't put too many eggs in one basket!

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