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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 mattbighamon Apr 26, 2023 11:35pm
311 Views
Post# 35416193

RE:RE:C-TV: Keith on profitability, exploration and acquisitions

RE:RE:C-TV: Keith on profitability, exploration and acquisitions
He's gotta talk his book assets. JC was a huge drain on a company with very profitable Mexican operations.
Once they discover richer gold that is cheaper to get out of the ground and higher gold prices I guess FM will get it back producing.
My guess is they are going to concentrate on acquiring another silver asset when they can find one that is suitable.
JC is a bad smell that won't go away for a while.
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