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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

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

Bullboard Posts
Comment by tictactoe111on Nov 18, 2004 12:18pm
231 Views
Post# 8195534

RE: You guys are worried about nothing

RE: You guys are worried about nothingI don't think it Neumeyer's style to announce an acquisition this way but I could be wrong. We shall just have to wait and see. If it is bad news then lets get it out the way and move on. Be warned though on stop losses even if the news is good then the 'v' market makers have little difficulty in activating them within the first few seconds of trading to capture the sales - before spiking the stockprice up and feeding the buying frenzy if it's a biggie. Let's hope it's a good one, if not then lets hope the market ignores First Majestic as they have pretty much done so far. Being unknown does have it's advantages sometimes.
Bullboard Posts