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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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Post by Sinbobon Aug 04, 2017 5:04pm
464 Views
Post# 26549712

Staged panic ... much less supply now with greater demand

Staged panic ... much less supply now with greater demand Who is kidding who as the price of silver is manipulated by paper yet again?

STUNNING RESULTS: Four Top Primary Silver Miners Production Plummets
POSTED BY SRSROCCO IN MINING, NEWS, PRECIOUS METALS ON AUGUST 4, 2017 

In an interesting change of events, production at four of the top primary silver miners plummeted during the second quarter of 2017.(Hecla -34%; Endeavor -26%; Silver Standard -24%; and First Majestic -20%)  This goes well beyond normal fluctuations in mining companies production figures during different quarterly reporting statements.  The company with the least percentage decline in silver production still suffered a 20% reduction of mine supply … While I believe that some of these mining share prices will explode higher when the silver price finally takes off, it takes a great deal of patience and fortitude to continue investing …

Also: Chile’s Silver Production Down A Stunning 32%


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities