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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
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Comment by eebleron Sep 14, 2011 2:49pm
329 Views
Post# 19042076

RE: so if is good why is down

RE: so if is good why is downCIBC put out two ratings today on it.  One was "Market Perform" and the other was "Underperform", and dropped their estimate from $30 to $29.  Might have something to do with it.  The longer-term picture of the study is very good news, but right now markets are in kneejerk reaction mode to everything that could be possibly perceived as negative.
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Dealroom for high-potential pre-IPO opportunities