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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 Aug 02, 2024 5:51am
241 Views
Post# 36160011

RE:RE:RE:RE:second quarter results

RE:RE:RE:RE:second quarter results Dividend is because of shorts, there was a lot of shorting in the past, so divident was intented to stop it, biggest qustion is what will be with Jerrit Canyon, Keith said that they are looking for new resource, geologist said that there should be high grade deposit under mine, I do not understand why they bought it as AISC were  high, but a lot of juniors is there for sale, company also stated that they are looking to buy a mine, but till now nothing is happening, what is great are drill results at Santa Elena and San Dimas, if we look at chart, this is a great entry point, I think it is bottom
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