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.

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First Majestic Silver Corp

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Comment by Wellandon Jul 28, 2011 12:20am

644 Views

Post# 18881514

RE: RE: RE: It's Happening!

As a Canadian Investors holding FR in my RRSP account, I do not beleive that I could lose anything since these accounts are separated from the financial institution which are holding them.

Since I beleive the price of silver will go up BIG TIME, I beleive that FR is the best investment you could find for this type of scenario. They are the mining company with the highest exposure to silver and they can't be seized like the closed-end fund which hold silver bullion.

Since the silver shorters will want to have the greatest supply of silver to save them from their day of reckoning, their motto will be MINE SILVER BABY!

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