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Bullboard - Stock Discussion Forum First Majestic Silver Corp AG


Primary Symbol: T.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... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Reddit never walk away
View:
Post by virgintrader99 on Feb 02, 2021 8:11pm

Reddit never walk away

Last chance to pick up silver stock
Comment by Dmack1966 on Feb 02, 2021 8:35pm
Yeah but not this one. When the Mexican govt says you owe $500 million in tax you better pay it. The most likely scenario is $500 million in silver production will be paid over the next year. Even if you average 50 over the next 12 months that is 10,000,000 oz gone from production in a soon to be very unstable mining environment. In fact if you can , stay out of Mexico now.
Comment by virgintrader99 on Feb 02, 2021 9:25pm
Not really bothered Mexico government is corrupt when they said 500 millions just like company pay them 50 millions they are very happy