RE:RE:RE:"3.7m oz gold but they think there's an elephant there"The hardest part for me regarding JC is waiting until 2027 (or later) for it to reopen. Keith said yesterday (Arcadia Economics interview) that it would be making money today at current gold prices. It's hard to see that kind of asset in a parked state but I'm trusting that there's a strategy in play. And maybe the simple answer for now is that they are focusing most of their energy on the Gatos merger over the next year+. The next few years will no doubt be interesting for First Majestic for several reasons. GLTA
beelzeebuub1 wrote:
Agreed.. Some blue sky here, but the clouds with JC have not lifted.. JC was a misstep in my humble opinion. A decent set of Q3 numbers and higher silver prices should be tailwinds tho !