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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 martindaleon Feb 03, 2021 12:11pm
149 Views
Post# 32458948

RE:Sold!!!

RE:Sold!!!
YoDrop wrote: I feel the 500$ million Mexican tax won’t be going away soon. After it settles it will be a good buy. For now i’ll Pick this back up at 11-12$. 

Doubt it will be the problem it’s being made out to be.. you ever been to Mexico? The love to haggle.. go to buy something and they start out at 25,000 peso and after haggling you get them down to 10,000, I bet if there’s any traction to this FR/AG can work them down to $10-$12 mill a month far a year.. $250 mm max... just my opinion.. not worried.. just gonna hold and take my dividends.. 
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