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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 Briocheon Apr 06, 2020 1:23pm
265 Views
Post# 30883578

RE:RE:The crazyness of the situation is

RE:RE:The crazyness of the situation is One month without any revenu is heavy . What is unbelievable is that last year majestic had 6 yes six  mines producing and today not a single one ! 
Not sure , the next purchase for kn will be in mexico ..-))

Don't know how the litlle companies as avino , santa cruz etc even endeavour  can survive . .at least probable m&a activity to come. 

Regarding majestic , to expensive to be buyout ?
Sure but downgrades are coming . 

What to do ? Generaly , kn release the 1st Q prod around the 15th this month . Let's hope he wil be able to give new guidance at  that time. 
This is big big set back , and as silver is matching perfectly the sp500 , i don't see this pm taking off before months . 
That's great shame with oil and peso very low and gold on its highest . 

Glty












Bullboard Posts