RE:RE:metals up, market upIt's all how one chooses to look at it. Yes, a bunch of new shares issued but this is a transformative acquisition for First Majestic that is happening at a great point in history. Just as they are returning to positive EPS (my expectation from research, DYODD), this acquisition materially increases their amount of silver production and revenues and earnings from here forward will therefore be quite different, in my view. And that's not even thinking about the eventual reopening of Jerritt Canyon (2026 possibly). It won't all be rosy and the path forward will surely have its bumps but on balance, it seems to me that First Majestic's future is very bright indeed. GLTA
stockwrestler wrote: the dude says Gatos acquisition
causes dilution and a lower share
price as a result.