Post by
Welland on Sep 05, 2024 12:23pm
Mexico open pit mining ban
With the acquistion of Gatos which is an underground mine First Majestic will now have 4 underground mines.
If the Mexico open pit ban goes through, companies like AG and MAG will become more valuable.
If this causes a shortage of physical silver, the shorters of silver bullion and of silver producers will be sent to the cleaners.
Comment by
Co2Harvest on Sep 05, 2024 12:49pm
Still doing some research on Gatos but I'm liking what I'm seeing about them so far, a lot. According to what I'm reading, this was indeed a good buy and is a great fit for many reasons. GLTA