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Thanks for posting. A great interview!
Anyone know how will that sale will transpire? Will GDXJ sell off the 20-55 million shares at market, which would damage FFMGF share price without buyers to counter the sales.
First Majestic Produces 4.3M Silver Eqv. Oz in First Quarter
http://www.marketwired.com/press-release/first-majestic-produces-43m-silver-eqv-oz-in-first-quarter-frankfurt-fmv-2210777.htm
You are on the right track. As we have seen today, there will be more weakness for you to add.
There are approximately 600,000,000 shares in the O/S. I am surprised no one mentions this when puzzled at how sludge like the share price movement is here. A Reverse Split is coming. Bank on it. As soon as that R/S is announced, you will get your .40 price.
If you want to dwell in a fantasy land, then keep on buying. I don't care.
Does everyone devastate shareholders with Five Reverse Splits in a little over a year "to cover their bases?" Lol!
Investors may experience significant dilution as a result of future offerings.
We may have to attempt to sell shares in the future in order to satisfy our capital needs; however there can be no assurance that we will be able to do so. If we are able to sell shares in the future, the prices at which we sell these future shares will vary, and these variations may be significant and our existing shareholders may experience significant dilution if we sell these future shares to other than existing shareholders pro rata at prices significantly below the price at which such existing shareholders invested.
We may issue additional shares of our common stock or other equity securities without your approval, which would dilute your ownership interests and may depress the market price of shares of our common stock.
We may issue additional shares of our common stock or other equity securities of equal or senior rank in the future in connection with, among other things, future vessel acquisitions, repayment of outstanding indebtedness, or our equity incentive plan, without shareholder approval, in a number of circumstances.
Our issuance of additional shares of our common stock or other equity securities of equal or senior rank would have the following effects:
·
our existing shareholders' proportionate ownership interest in us will decrease;
·
the amount of cash available for dividends payable on our common shares may decrease;
·
the relative voting strength of each previously outstanding common share may be diminished; and
·
the market price of shares of our common stock may decline.
To say it happens "everytime," is an inaccurate generalization.
First Majestic Silver Updates Mineral Reserve and Resource Estimates for YE2016 and Files Form 40-F Annual Report
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1082-tsx/fr/30865-first-majestic-silver-updates-mineral-reserve-and-resource-estimates-for-ye2016-and-files-form-40-f-annual-report.html
Read the disclosure at the end of the article - Of course he wants Gold to crash. 99% of these opinion pieces aren't worth the paper they are written on regardless of which side they take.
Disclosure: I am/we are long DUST.
Brent Cook and Joe Mazumdar discuss Northern Dynasy Minerals -
Brent Cook, economic geologist, co-author with Exploration Insights, and Joe Mazumdar, co-editor with Exploration Insights discuss Northern Dynasy Minerals.
http://www.bnn.ca/market-call-tonight/brent-cook-and-joe-mazumdar-discuss-northern-dynasy-minerals~1072071
First Majestic will make no purchases of common shares other than open-market purchases. The price that the Company will pay for any common shares will be the prevailing market price of such shares at the time of acquisition. All common shares purchased pursuant to the Share Repurchase will be cancelled.
The Company believes that, from time to time, the market price of its common shares may not fully reflect the underlying value of the Company's business and its future business prospects. The Company believes that at such times the purchase of common shares would be in the best interests of the Company. Such purchases are expected to benefit all remaining shareholders by increasing their equity interest in the Company.
First Majestic Renews Share Repurchase Program
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 16, 2017) -
THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
http://www.marketwired.com/press-release/first-majestic-renews-share-repurchase-program-frankfurt-fmv-2203614.htm
First Majestic Silver Corp. ("First Majestic" or the "Company") (TSX:FR)(NYSE:AG)(FRANKFURT:FMV)(BVM:AG) announces that its board of directors has approved the extension of its share repurchase program (the "Share Repurchase") pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange ("TSX") or alternative Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 8,249,204 common shares of the Company which represents 5% of the 164,984,089 issued and outstanding shares of the Company as of March 10, 2017.
In order to implement the Share Repurchase, First Majestic has received TSX approval of its notice of intention to make a normal course issuer bid. The notice provides that First Majestic may, during the 12 month period commencing on March 21, 2017 and ending on or before March 20, 2018, purchase up to 8,249,204 common shares through the facilities of the TSX and alternative Canadian marketplaces.
In accordance with TSX rules, daily purchases made by the Company on the TSX will not exceed 362,507 common shares, or 25% of First Majestic's average daily trading volume of 1,450,027 common shares on the TSX for the six calendar months preceding the date of the acceptance of the original notice, subject to certain prescribed exemptions.
The Company did not repurchase any shares for cancellation under its prior normal course issuer bid which commenced on March 17, 2016 and expired on March 16, 2017.
First Majestic will make no purchases of common shares other than open-market purchases. The price that the Company will pay for any common shares will be the prevailing market price of such shares at the time of acquisition. All common shares purchased pursuant to the Share Repurchase will be cancelled.
The Company believes that, from time to time, the market price of its common shares may not fully reflect the underlying value of the Company's business and its future business prospects. The Company believes that at such times the purchase of common shares would be in the best interests of the Company. Such purchases are expected to benefit all remaining shareholders by increasing their equity interest in the Company.
About the Company
First Majestic is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates six producing silver mines; the La Parrilla Silver Mine, the San Martin Silver Mine, the La Encantada Silver Mine, the La Guitarra Silver Mine, Del Toro Silver Mine and the Santa Elena Silver/Gold Mine. Production from these six mines is projected to be between 11.1 to 12.4 million ounces of pure silver or 16.6 to 18.5 million ounces of silver equivalents in 2017.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release includes certain "Forward-Looking Statements" of "forward looking information" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, respectively. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things the adoption and purchase of shares under the Company's normal course issuer bid.
These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the market price of the Company's shares; fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); and the Company's cash flow and availability of alternate sources of capital; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to First Majestic's Business".
Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
CONTACT INFORMATION
First Majestic Silver Corp.
info@firstmajestic.com
www.firstmajestic.com
Toll free: 1.866.529.2807
First Majestic Renews Share Repurchase Program
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 16, 2017) -
THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
http://www.marketwired.com/press-release/first-majestic-renews-share-repurchase-program-frankfurt-fmv-2203614.htm
First Majestic Silver Corp. ("First Majestic" or the "Company") (TSX:FR)(NYSE:AG)(FRANKFURT:FMV)(BVM:AG) announces that its board of directors has approved the extension of its share repurchase program (the "Share Repurchase") pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange ("TSX") or alternative Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 8,249,204 common shares of the Company which represents 5% of the 164,984,089 issued and outstanding shares of the Company as of March 10, 2017.
In order to implement the Share Repurchase, First Majestic has received TSX approval of its notice of intention to make a normal course issuer bid. The notice provides that First Majestic may, during the 12 month period commencing on March 21, 2017 and ending on or before March 20, 2018, purchase up to 8,249,204 common shares through the facilities of the TSX and alternative Canadian marketplaces.
In accordance with TSX rules, daily purchases made by the Company on the TSX will not exceed 362,507 common shares, or 25% of First Majestic's average daily trading volume of 1,450,027 common shares on the TSX for the six calendar months preceding the date of the acceptance of the original notice, subject to certain prescribed exemptions.
The Company did not repurchase any shares for cancellation under its prior normal course issuer bid which commenced on March 17, 2016 and expired on March 16, 2017.
First Majestic will make no purchases of common shares other than open-market purchases. The price that the Company will pay for any common shares will be the prevailing market price of such shares at the time of acquisition. All common shares purchased pursuant to the Share Repurchase will be cancelled.
The Company believes that, from time to time, the market price of its common shares may not fully reflect the underlying value of the Company's business and its future business prospects. The Company believes that at such times the purchase of common shares would be in the best interests of the Company. Such purchases are expected to benefit all remaining shareholders by increasing their equity interest in the Company.
About the Company
First Majestic is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates six producing silver mines; the La Parrilla Silver Mine, the San Martin Silver Mine, the La Encantada Silver Mine, the La Guitarra Silver Mine, Del Toro Silver Mine and the Santa Elena Silver/Gold Mine. Production from these six mines is projected to be between 11.1 to 12.4 million ounces of pure silver or 16.6 to 18.5 million ounces of silver equivalents in 2017.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release includes certain "Forward-Looking Statements" of "forward looking information" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, respectively. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things the adoption and purchase of shares under the Company's normal course issuer bid.
These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the market price of the Company's shares; fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); and the Company's cash flow and availability of alternate sources of capital; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to First Majestic's Business".
Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
CONTACT INFORMATION
First Majestic Silver Corp.
info@firstmajestic.com
www.firstmajestic.com
Toll free: 1.866.529.2807
The Numerous Pending Class Action Lawsuits against Northern Dynasty
http://www.rosenlegal.com/cases-1056.html
https://www.thestreet.com/story/14013846/1/investor-alert-goldberg-law-pc-announces-securities-class-action-lawsuit-against-northern-dynasty-minerals-ltd-and-encourages-investors-with-losses-to-contact-the-firm.html
http://www.businesswire.com/news/home/20170224005861/en/IMPORTANT-INVESTOR-ALERT-Khang-Khang-LLP-Announces
https://www.thestreet.com/story/14013646/1/investor-alert-gpm-announces-the-filing-of-a-securities-class-action-on-behalf-of-northern-dynasty-minerals-ltd-investors-and-encourages-investors-to-contact-the-firm.html
https://www.thestreet.com/story/14005784/1/kirby-mcinerney-llp-advises-northern-dynasty-minerals-ltd-investors-of-potential-claims.html
https://www.thestreet.com/story/14005278/1/nak-loss-notice-bronstein-gewirtz-grossman-llc-notifies-investors-of-class-action-against-northern-dynasty-minerals-ltd-lead-plaintiff-deadline-april-17-2017.html
https://www.thestreet.com/story/14002105/1/shareholder-alert-levi-korsinsky-llp-announces-the-commencement-of-an-investigation-involving-possible-securities-fraud-violations-by-the-board-of-directors-of-northern-dynasty-minerals-ltd.html
https://www.thestreet.com/story/14021248/1/investor-alert-brower-piven-encourages-shareholders-who-have-losses-in-excess-of-100000-from-investment-in-northern-dynasty-minerals-ltd-to-contact-brower-piven-before-the-lead-plaintiff-deadline-in-class-action-lawsuit.html
Alaska’s Pebble Mine: Investment Firm Says Northern Dynasty is “Worthless” -
https://www.earthworksaction.org/earthblog/detail/alaskas_pebble_mine?gclid=CNyGnu301NICFQaBswody-8ICw#.WMdRERiZMcn
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Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
If you suffered a loss in Northern Dynasty you have until April 17, 2017 to request that the Court appoint you as lead plaintiff.
If you suffered a loss in Northern Dynasty you have until April 17, 2017 to request that the Court appoint you as lead plaintiff.
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Northern Dynasty Minerals Ltd. (“Northern Dynasty”) (NAK) securities between September 16, 2013 and February 14, 2017.
It has yet to be proven that the information in Kerrisdale's report is "misinformation." Just because the company says it is, doesn't make it so. That is what all the lawsuits against the company are addressing. If NAK did nothing wrong, then they will win the lawsuits. However if it is proven that NAK did deceive its investors, the lawsuits continue forward.
Brent Cook and Joe Mazumdar discuss Northern Dynasy Minerals
Is Northern Dynasty going to sue these guys too?
http://www.bnn.ca/market-call-tonight/brent-cook-and-joe-mazumdar-discuss-northern-dynasy-minerals~1072071
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Actually, it makes perfect sense, and speaks directly to all of the ongoing class action lawsuits against the company by disgruntled shareholders who feel they got scammed. Shareholders were led to believe that the company was prevented from filing for permits because of section 404(c). According to the Environmental lawyers, that was not true, and as YOU just stated, the company CHOSE not to file, they weren't prevented from filing. That means shareholders were led to believe the company was prevented from filing for a permit when in fact they could have filed at any time regardless of the 404(c).
NAK LOSS NOTICE: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Northern Dynasty Minerals Ltd. & Lead Plaintiff Deadline: April 17, 2017
By
Published: Mar 10, 2017 10:10 a.m. ET
http://www.marketwatch.com/story/nak-loss-notice-bronstein-gewirtz-grossman-llc-reminds-investors-of-class-action-against-northern-dynasty-minerals-ltd-lead-plaintiff-deadline-april-17-2017-2017-03-10
IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Northern Dynasty Minerals Ltd. and Encourages Investors with Losses to Contact the Firm
By
Published: Mar 8, 2017 2:52 p.m. ET
http://www.marketwatch.com/story/important-shareholder-alert-lundin-law-pc-announces-securities-class-action-lawsuit-against-northern-dynasty-minerals-ltd-and-encourages-investors-with-losses-to-contact-the-firm-2017-03-08
NAK SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Northern Dynasty Minerals Ltd. and a Lead Plaintiff Deadline of April 17, 2017
By
http://www.marketwatch.com/story/nak-shareholder-alert-the-law-offices-of-vincent-wong-reminds-investors-of-a-class-action-involving-northern-dynasty-minerals-ltd-and-a-lead-plaintiff-deadline-of-april-17-2017-2017-03-08
According to environmental lawyers, however, Northern Dynasty has always been allowed to apply for a permit despite the veto from the EPA.
“Nothing in the Section 404(c) prevents the company from applying for a dredging permit,” Joel Reynolds, a senior attorney at the Natural Resources Defense Council, told Fox News. “There have been claims that the EPA has prevented the company from applying because of 404(c), but there is no rule that prevents them from applying. The owners of Pebble Mine have chosen not to apply.”
While Smith’s letter to Pruitt has once again brought Pebble Mine back into the spotlight, the chances of the mine actually becoming a reality appear far from certain.
some environmental lawyers assert, the president may see very little value in aiding a Canadian company in a project that is expected to bring few jobs to the American people and is opposed by 65 percent of the people in Alaska.
“Why would Trump or his people waste their time on a small Canadian company that doesn’t advance the interest of the U.S. people,” Reynolds said. “This is not even a popular project in Alaska.”
NAK INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Northern Dynasty Minerals Ltd. and a Lead Plaintiff Deadline of April 17, 2017
Business Wire Business WireMarch 13, 2017
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Northern Dynasty Minerals Ltd. (“Northern Dynasty”) (NAK) securities between September 16, 2013 and February 14, 2017.
2 Red Flags on Northern Dynasty Minerals' Balance Sheet
The once-scorching stock lost 50% in the last month. Investors may be taking the challenges posed by the balance sheet more seriously.
https://www.fool.com/investing/2017/03/09/2-red-flags-on-northern-dynasty-minerals-balance-s.aspx
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NAK LOSS NOTICE: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Northern Dynasty Minerals Ltd. & Lead Plaintiff Deadline: April 17, 2017
By
Published: Mar 10, 2017 10:10 a.m. ET
http://www.marketwatch.com/story/nak-loss-notice-bronstein-gewirtz-grossman-llc-reminds-investors-of-class-action-against-northern-dynasty-minerals-ltd-lead-plaintiff-deadline-april-17-2017-2017-03-10
IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Northern Dynasty Minerals Ltd. and Encourages Investors with Losses to Contact the Firm
By
Published: Mar 8, 2017 2:52 p.m. ET
http://www.marketwatch.com/story/important-shareholder-alert-lundin-law-pc-announces-securities-class-action-lawsuit-against-northern-dynasty-minerals-ltd-and-encourages-investors-with-losses-to-contact-the-firm-2017-03-08
NAK SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Northern Dynasty Minerals Ltd. and a Lead Plaintiff Deadline of April 17, 2017
By
http://www.marketwatch.com/story/nak-shareholder-alert-the-law-offices-of-vincent-wong-reminds-investors-of-a-class-action-involving-northern-dynasty-minerals-ltd-and-a-lead-plaintiff-deadline-of-april-17-2017-2017-03-08
Silver Market Poised For Big Reversal When Institutional Investors Move In
http://silverseek.com/commentary/silver-market-poised-big-reversal-when-institutional-investors-move-16394
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Silver Market Poised For Big Reversal When Institutional Investors Move In
http://silverseek.com/commentary/silver-market-poised-big-reversal-when-institutional-investors-move-16394
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Looks like t is going to take YEARS just to get the permitting process approved - How much do you think all of this will cost and how much dilution on massive scale will have to take place over those YEARS to pay for it!
the Pebble Partnership intends to retain additional engineering, environmental and regulatory consultants and experts to support the project's 2017 work program and NEPA permitting requirements over the next several years.
ALASKA’S PEBBLE MINE AND THE LEGEND OF TRUMP’S GOLD
By Tim Sohn March 2, 2017
http://www.newyorker.com/tech/elements/alaskas-pebble-mine-and-the-legend-of-trumps-gold/
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He absolutely, as you say, spoke to the "feasibility" of the project, and concluded it wasn't feasible due to the immense costs which he estimates at 8 to 12 BILLION dollars, as well as the location "in the middle of nowhere in Alaska." He even speaks to the depth of the best grade of the metals to be mined, as well as it being a difficult place to build such a huge facility. Bottom line - they are NOT buying NAK stock. Sounds scathing to me.
Brent Cook and Joe Mazumdar discuss Northern Dynasy Minerals
Brent Cook, economic geologist, co-author with Exploration Insights, and Joe Mazumdar, co-editor with Exploration Insights discuss Northern Dynasy Minerals.
http://www.bnn.ca/market-call-tonight/brent-cook-and-joe-mazumdar-discuss-northern-dynasy-minerals~1072071
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OUCH! That hurt. They are NOT buying NAK, and put forth a scathing indictment as to why the Pebble Project is much too risky and costly.
Brent Cook and Joe Mazumdar discuss Northern Dynasy Minerals
Brent Cook, economic geologist, co-author with Exploration Insights, and Joe Mazumdar, co-editor with Exploration Insights discuss Northern Dynasy Minerals.
http://www.bnn.ca/market-call-tonight/brent-cook-and-joe-mazumdar-discuss-northern-dynasy-minerals~1072071
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Good News for NAK shareholders -
Mining News: Dismantling WOTUS
Executive order to undo US water rule hailed as a victory for miners
Shane Lasley
Mining News
With the signing of a presidential order that begins the process of undoing the Waters of the United States rule, President Donald Trump continues to make good on his promise to roll back regulations that are stifling economic development.
“The EPA’s so-called ‘Waters of the United States’ rule is one of the worst examples of federal regulation, and it has truly run amok,” Trump said during the Feb. 28 signing of the order.
The executive call to dismantle WOTUS was hailed as a victory for the U.S. mining sector, which would have been hit with higher costs and even longer permitting delays under the Obama administration rule.
“It is encouraging to see the administration prioritize actions that balance the importance of environmental protections with both states’ authority and the regulatory certainty that is required to support a thriving economy,” said National Mining Association President Hal Quinn.
Unveiled in 2015, WOTUS substantially expands waters that fall under the jurisdiction of the U.S. Environmental Protection Agency and U.S. Army Corps of Engineers by adding tributaries and neighboring wetlands upstream of waters already covered by federal law.
Upon signing the executive order to roll back WOTUS, Trump called the rule a “massive power grab” by the EPA.
Tributaries under WOTUS would have included anything that remotely resembled a stream – a bed, bank, and ordinary high-water mark – even if it does not flow year-round. Nearby waters include wetlands and other watery features within 1,500 feet of navigable waters and sometimes such features within 4,000 feet of high-tide or high water mark of a stream also would have been covered under the rule.
Even if a small portion of one of these neighboring wet features fall within the guidelines, the entire body falls under the new WOTUS rule, regardless of its connection to downstream waters.
For Alaska – with its plentiful streams, river, rivulets, coasts and wetlands – this means that vast swaths of lands would have been regulated by the state would have been subject to the federal Clean Water Act and the regulatory agencies that administer it.
“The Waters of the United States or ‘WOTUS’ rule is one of the most burdensome, overreaching rules imposed by the Obama administration- a regulation with such broad reach that it could be used to impact and delay almost any development project anywhere in Alaska,” Sen. Lisa Murkowski, R-Alaska, said.
Murkowski and Sen. Dan Sullivan, R-Alaska, both are looking forward to the dismantling of WOTUS.
“This new order signals a return to the rule of law and prioritizes environmental protection, keeping our waters clean without running rough shod over the Clean Water Act and our economy,” said Sullivan. “I look forward to working with my colleagues and EPA Administrator Scott Pruitt to return to a balanced and statutorily based implementation of our environmental laws.”
Trump, it seems, agreed.
“With today’s executive order, I’m directing the EPA to take action, paving the way for the elimination of this very destructive and horrible rule,” the President said before signing the order.
http://www.petroleumnews.com/pntruncate/724850080.shtml
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I have a Question, do these guys have a real office? Or are they operating out of a convenience store like one of the other law firms? Or the trailer or virtual office? Have you checked any of these ones?
Kerrisdalecap lays out a scathing indictment of NAK and the Pebble project in an in depth, point by point take down of the Pebble Project fallacy. Even in the best case scenarios, it would take many years and Billions of dollars to make this failed project even start to happen.
https://www.kerrisdalecap.com/wp-content/uploads/2017/02/Northern-Dynasty-Minerals-NAK.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129162841
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IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Northern Dynasty Minerals Ltd., and Encourages Investors with Losses to Contact the Firm
March 02, 2017
Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Northern Dynasty Minerals Ltd. (“Northern Dynasty” or the “Company”) (Nasdaq: NAK). Investors, who purchased o...
http://www.businesswire.com/news/home/20170302005988/en/IMPORTANT-INVESTOR-ALERT-Khang-Khang-LLP-Announces
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Northern Dynasty Minerals Ltd. and Encourages Investors with Losses to Contact the Firm
March 01, 2017
Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Northern Dynasty Minerals Ltd. (“Northern Dynasty” or the “Company”) (Nasdaq: NAK). Investors who purch...
http://www.businesswire.com/news/home/20170301006346/en/IMPORTANT-INVESTOR-ALERT-Lundin-Law-PC-Announces
INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses In Excess Of $100,000 From Investment In Northern Dynasty Minerals Ltd. To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit
March 01, 2017
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Southern District o...
http://www.businesswire.com/news/home/20170301005297/en/INVESTOR-ALERT-Brower-Piven-Encourages-Shareholders-Losses
INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Northern Dynasty Minerals Ltd. and Encourages Investors with Losses to Contact the Firm
February 27, 2017
Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Northern Dynasty Minerals Ltd. (“Northern Dynasty” or the “Company”) (Nasdaq: NAK...
http://www.businesswire.com/news/home/20170227006241/en/INVESTOR-ALERT-Goldberg-Law-PC-Announces-Securities
IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Northern Dynasty Minerals Ltd., and Encourages Investors with Losses to Contact the Firm
February 24, 2017
Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Northern Dynasty Minerals Ltd. (“Northern Dynasty” or the “Company”) (Nasdaq: NAK). Investors, who purchased o...
http://www.businesswire.com/news/home/20170224005861/en/IMPORTANT-INVESTOR-ALERT-Khang-Khang-LLP-Announces
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First Majestic Appoints New COO and New Member to Board of Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 28, 2017) -
FIRST MAJESTIC SILVER CORP. (TSX:FR)(NYSE:AG)(FRANKFURT:FMV)(BVM:AG) (the "Company" or "First Majestic") is pleased to announce the promotion of Dustin VanDoorselaere, previously Vice President of Operations, to the role of Chief Operating Officer (COO) beginning March 1, 2017. Mr. VanDoorselaere, an experienced mining engineer, will be responsible for overseeing all operational functions at each of the Company's six operating silver mines in Mexico.
Prior to joining First Majestic in November 2016, Mr. VanDoorselaere held the position of General Manager for Nyrstar, a global metals and mining company, and was responsible for overseeing all aspects of mining operations, including legal and government relations, at the El Mochito mine in Honduras and the Campo Morado mine in Mexico. Prior to Nyrstar, Mr. VanDoorselaere held various operational positions at Goldgroup Mining and Aurico Gold in Mexico. Prior to working in Mexico, Mr. VanDoorselaere held senior operating positions with Redback Mining in Ghana, Norilsk Nickel in Australia, as well as numerous international mining companies within Canada.
Salvador García, who previously held the COO position since July 2014, has been appointed to the new position of Country Manager of Mexico and will be responsible for government and stakeholder relations in Mexico. He will represent First Majestic at various political and social functions and will continue to work with Mr. VanDoorselaere, in a supporting role, to maintain positive relationships federally and in the local and state regions in which the Company operates.
In addition, First Majestic is also pleased to announce the appointment of Marjorie Co, effective March 1, 2017, to the Company's Board of Directors. Ms. Co brings over 20 years of legal, business and corporate development experience. She currently provides business development and legal advice for technology-focused organizations and start-up companies. Her previous roles have included being the Director of Strategic Relations at Westport Innovations and Chief Development Officer at The Proof Centre of Excellence. Ms. Co was called to the British Columbia Bar in 1996 and is a Member of the Law Society of British Columbia. Ms. Co obtained her Master of Business Administration and Bachelor of Laws degrees from the University of British Columbia, and her Bachelor of Science degree from Simon Fraser University.
ABOUT THE COMPANY
First Majestic is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates six producing silver mines; the La Parrilla Silver Mine, the San Martin Silver Mine, the La Encantada Silver Mine, the La Guitarra Silver Mine, Del Toro Silver Mine and the Santa Elena Silver/Gold Mine. Production from these six mines is projected to be between 11.1 to 12.4 million ounces of pure silver or 16.6 to 18.5 million ounces of silver equivalents in 2017.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the estimated cost of development of our development projects; the effects of laws, regulations and government policies on our operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining; obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned.
These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to First Majestic's Business".
Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
CONTACT INFORMATION
First Majestic Silver Corp.
Toll Free: 1.866.529.2807
info@firstmajestic.com
www.firstmajestic.com
http://www.marketwired.com/press-release/first-majestic-appoints-new-coo-and-new-member-to-board-of-directors-frankfurt-fmv-2199050.htm
Keep trying? Are you serious? Look at the share price. Lol
I have no short position here, however those who smirk at and mock shorts, would probably have jumped at the chance now, to have shorted the stock when it was over $3.00. I sold all 19k shares I had at $3.05, and initially wished I had waited for $3.40, but then the huge crash came and I felt lucky to get out alive. Many others were not so lucky, and got trapped here. Sound familiar?
Much too risky here at this point and may be risky even under $1.00, Anyone who says different is denying the obvious and simply trying to salvage their own catastrophic losses.