High volume/futurehttps://finance.yahoo.com/q/bc?s=FR.V&t=3m&l=on&z=m&q=l&c=
Any idea's why volume seems to be so high over the last ten days, some days four times average. Is it just coincidence or has anyone heard any whispers/spoken to the company lately.
As for moving to a full listing on the TSX, First Majestic stock would be lapped up in buckets imho. Still early days but it certainly has all the ingredients to make a grand entrance. I would imagine that Neumeyer would want to attach a significant acquisition to any newsfeed informing of the move to a full listing. As such I would expect the newsfeed to come in a single hit for maximum impact followed by further news on first few days of listing to maintain the momentum.
The more I dig on this company the higher I think we could go and that's on the existing cash silver price! If we get a runaway silver market it doesn't even bear thinking about to what levels it could achieve. Davila gets the contacts and drops them on the lap of Neumeyer to negotiate the acquisition. Could almost end up like an assembly line with constant newsflow.
Are they doing a Wheaton?