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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
Post by scissors14on Jun 30, 2005 11:12pm
226 Views
Post# 9231348

Bashers = Shorts

Bashers = ShortsInteresting that bashers are trying to scare shareholders into selling their shares. This is a bullish sign for those who wait this period out IMO. Management must know exactly what is is doing. Shareholders were waiting for a financing. The bashers/shorts must have connections to a finance firm that thought it was going to get shares through the financing. The firm went short on FR in order to drive the share price down and obtain more shares for the financing amount because of the lower share price that the shorts were engineering. Kudos to management for pulling the financing once it found out that the financing firm was treating FR like a wh*re. On the other hand, shame on FR management for going to a pimp firm for $$$. It appears management didn't realize it was dealing with a pimp outfit but it should have (reputation follows pimps on the street). IMO stay long and strong. FR and any emerging company needs shareholder support at times like these. Management has proven itself to not be wh*res and pimps always pay in the end...
Bullboard Posts