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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
Comment by AngelEyes3on Nov 19, 2014 11:47am
198 Views
Post# 23144054

RE:RE:First Majestic Great silver producer and smart management

RE:RE:First Majestic Great silver producer and smart managementMost of the time I would agree with you. But given the paper manipulation of prices on gold and silver I would have most miners stock pile the resouces until prices improve. Why give away an asset at these prices when most miners are running at a loss. I like the idea of a company holding gold and silver back from the market because I prefer silver or gold to paper money. I feel they will be proven right over time. Just again today a paper take down in the price of gold and silver is taking place. Another water fall event without any reason..... The gold and silver prices are heavily manipulated therefore keeping physical from the market will limit the ability of the the manipulators to control prices
cheers
Bullboard Posts