First Majestic Silver Corp T.AG

Mexico open pit mining ban

[Welland]

With the acquistion of Gatos which is an underground mine First Majestic will now have 4 underground mines.

If the Mexico open pit ban goes through, companies like AG and MAG will become more valuable.

If this causes a shortage of physical silver, the shorters of silver bullion and of silver producers will be sent to the cleaners.