First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

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

First Majestic Silver Corp > "3.7m oz gold but they think there's an elephant there"

<< Previous

Bullboard Posts

Next >>

Comment by AXPROon Sep 28, 2024 3:22pm

123 Views

Post# 36245518

RE:RE:RE:RE:RE:RE:"3.7m oz gold but they think there's an elephant there"

You might be right, you might be wrong too.
It's now an impresiive number of Q's since AG/FR has made a profit.
Every flippin' Q report he, KN, pulls a new cost increasing rabbit out of his hat.
Even with $28+ per ounce he generates a $40M+ loss.

It's my largest position and I go to bed crying as I missed the opportunity to sell at $28+ two years ago.
Now hoping it gets back to somewhere like $18 .......
A man can dream right, however with the newest dilution for Gatos, that may never happen

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth