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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 666999on Mar 13, 2021 6:09am
214 Views
Post# 32792044

RE:Jerritt Canyon REALITY....their Gold costs per oz $1300

RE:Jerritt Canyon REALITY....their Gold costs per oz $1300 I think its good move and company now has asset outside Mexico
AISC is little high, but I think it can go down to 900-1000
Mill can run 100% more capacity, that is great, no investment needed, but I think that FR team will improve mining, recovery etc.
Also land package is huge, and FR now how to find metals in ground
I had shares in Silvercrest which was bought out by FR and Santa Elena mine is running strong, resources has expanded 
I like that FR is making nice profil with selling silver coins and bars 
Cant say nothing bad, strong cash position, expanding 
About silver price I think 30-35 this year, maybe more, who knows, maybe oldfx1 ;)


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