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First Majestic Silver Corp C.AG.UN


Primary Symbol: 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
Comment by boredhousewifeon Sep 13, 2011 5:07pm
241 Views
Post# 19038429

RE: RE: Talamod & Coliseum

RE: RE: Talamod & ColiseumI agree these two hedge funds large and powerful will force the issue. AG.UN not dead just needs a push in right direction and so far the hedge funds doing the right thing is clearing the board and getting rid of the people who befell the stock and replacing them with new leadership. If anyone noticed they elected 5 not 4 on the nominees and Chris Shackelton is the head of Coliseum. Consider this if AG.UN is in default why not the other two lenders proceed right away to take over as is their right too. I would not be surprised there will be NR releases before the meeting itself. AG makes an attractive take over with their US assets or joint merge with another. When the path way is clear when the new board takes over AG is a very different company. I wouldn't discount this Canadian company off the map just yet.  It has always been highly undervalued and underrated maybe now it may just get noticed if they start making things happen. JMHO
Bullboard Posts