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Re: TommyJ7651 post# 19150

Sunday, 04/14/2024 9:28:29 AM

Sunday, April 14, 2024 9:28:29 AM

Post# of 19208
I would add this to the First Majestic/Jerritt Canyon saga conversation. This was back last year, when Keith was being interviewed by someone about First Majestic events. The line of questions to Keith was about JC and what they were doing to fix the problems there. He went into all the things they were working on, but the big take I had was he said that there had been a lot of interest from other companies to BUY JC from them. What I took from the conversation is that it could happen maybe for the right price.

If First Majestic sold JC, then I would say that the chances of some future deal or buyout of FMG by FM would be exponentially higher because that would free their money up to make another acquisition, namely FMG. Selling JC would make it a hellava lot easier to convince FM shareholders to do a deal for us.