Saturday, April 17, 2021 7:56:59 PM
I owned First Majestic several years ago. I sold at a tiny profit. I think the company is great and Nudemeyer is a great CEO, but a major factor driving me away from First Majestic and to companies like Alexco is jurisdiction. Mexico is already trying to squeeze more money out of First Majestic and the real economic calamity has not yet arrived. I can't imagine what other nonsense First Majestic has to deal with down there that we never hear about - narcos, bandits, etc. Alexco being in Canada is a huge plus.
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