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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

Comment by JBoukison Jan 22, 2021 2:45pm
157 Views
Post# 32361213

RE:RE:What’s Up With The Short Position On First Majestic Silver:

RE:RE:What’s Up With The Short Position On First Majestic Silver:

KN's LT goal of building FR into the largest primary silver producer in the world is moving along as he continues to execute, especially through some turbulent price environments.

Seems the company is well positioned to take advantage of impending higher silver prices over the next few years. Man, their financials are going to look good in Q4 as most silver producers are printing money right now!

I also like the fact that a major focus for FR over the last several years has been to cut costs, improve recoveries and reduce emissions through investment in tech and innovation. Hard to commit capex when you're not brining in money so again a smart move by one of the top CEO's in the space. KN continue to impress.  Management is everything!  GLTA

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