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Bullboard - Stock Discussion Forum
First Majestic Silver Corp
T.AG
Alternate Symbol(s):
AG
Metals & Mining
Silver
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.
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TSX:AG - Post Discussion
First Majestic Silver Corp
> Must be a large party that is pi $$ ed off with this deal
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(13)
•••
mattbigham
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Post by
mattbigham
on Sep 05, 2024 4:01pm
Must be a large party that is pi $$ ed off with this deal
Since this has come out so quickly there must be heavyweight insiders that oppose this deal.
They are saying it is unfair to First Majestic shareholders . Is that just the story line they want us to believe?
Could this be GATOS insiders that reject this deal and are obfuscating their identities in this manner?
Anybody see this deal as unfair to First Majestic shareholders? Why?
New Press Release - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FYBR, GATO, AG, ENV on Behalf of Shareholders
(13)
•••
mattbigham
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Comment by
mattbigham
on Sep 05, 2024 4:09pm
As suspected , there is a party or parties that suspect that AG got the better of this deal and they're not happy about it: The investigation concerns whether Gatos and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Gatos shareholders; (2
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holographicbrea
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Comment by
holographicbrea
on Sep 05, 2024 5:23pm
About time AG got the best side of something shame the price dropped.
(27)
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Co2Harvest
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Comment by
Co2Harvest
on Sep 05, 2024 5:42pm
This seems like a huge win for all involved. If you read the investor deck on the Gatos site, the combined company will clearly be stronger than the sum of its parts. It will be a force to be reckoned with, to say the least. I'm viewing this as a path to strong growth that would otherwise have been much harder for either company to achieve on their own. It's a great day for the
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