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Tuesday, December 20, 2022 12:08:16 PM
“First Majestic Silver Corp. is a Canada-based company that is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. The San Dimas property contains 71,867 hectares (ha) of mining claims located in the state of Durango, Mexico. The San Dimas mine consists of five ore zones: Central, Sinaloa Graben, Tayoltita, Arana Hanging Wall, and San Antonio West. The Santa Elena Silver/Gold Mine is located approximately 150 km northeast of the state capital city of Hermosillo, Sonora, Mexico and is comprised of mining concessions that totals 102,244 ha. The La Encantada Silver Mine is located in northern Mexico, 708 km northeast of Torreon, Coahuila and encompasses 4,076 ha of mining rights and 1,343 ha of surface rights. The Jerritt Canyon Gold property is in Elko County, northeastern Nevada and contains 30,821 ha of mining claims.”
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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