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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
Post by 767FOon Apr 10, 2011 9:30pm
579 Views
Post# 18411619

Mission: To The Moon - Ted Butler (1999)

Mission: To The Moon - Ted Butler (1999)

This is a small clip from an article that Ted Butler wrote in 1999. At that time, silver was trading around $6.00 and gold was trading around $300. I remember reading this article back then and dreaming of the day this would happen. I believe we have had lift-off, but we have only just cleared the launch tower.

Full article here: https://www.gold-eagle.com/gold_digest_99/butler100499.html



Gold is a multi-stage rocket that has maybe used up its first stage - there's a lot more to be ignited on this journey. Silver is different. Silver is not any rocket. Silver is the Saturn V used in the Apollo Mission to the moon. The biggest, baddest, most awesomely powerful rocket ever produced. The masters of manipulation can't let this baby lift off - it will knock them out of the game forever. But the countdown is over, ignition has been activated, and the fuel is starting to burn. We're in that twilight zone that only lasts a few seconds, but seems an eternity - the time between when we see the flames and the rocket starts to move. The engines are pouring out flames and billowing clouds of steam - yet the rocket doesn't budge. Despite the greatest creation of thrust ever developed, the mass of the rocket is so great it seems to defy the laws of physics and does not move. But you know it will. That's where we are in silver. Those few seconds of delay in the Saturn lift-off may translate into a day, a week, a month in silver. But don't be fooled by any twilight zone appearance of delay in lift-off. Get your ticket and pack your bags - we're going to the moon

Bullboard Posts