Post by mattbighamon Sep 07, 2024 4:18pm
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Post# 36213323
The entire mining sector is no better
The entire mining sector is no better
I own silver miners.
Keith Neumeyer has repeatedly stated that the last time silver hit $30 , First Majestic shares hit $30.
They are six bucks today.
MMG have to get to a stage where they realise discoveries significant enough that the market reevaluates the SP higher so they can then drill consistently without excessive dilution.
They will have to do a deal for cash with Hecla or a junior at Keno and/or make a drill discovery at LP.
La Plata discovery should come first so let's hope that one of these porphyry targets they are now testing runs deep and rich.