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Re: SeaBlue post# 19158

Thursday, 04/18/2024 6:55:56 AM

Thursday, April 18, 2024 6:55:56 AM

Post# of 19209
Yes, the longest interview from Keith in my memory too,, but it was chocked full of interesting stuff. I think their silver bullion shop is doing very well and did you catch the part where they talked about FM selling their silver in Costco? If FM could land that gig it would be amazing for their silver sales. With Costco selling gold as fast as they can get it, imagine how fast the cheaper silver bullion would sell. I don't think they could keep 10 oz. bars of it in stock.

The other big take from the interview, I thought was what he said about Mexico and what's happening there politically and with the mining industry. It's obvious that Mexico is becoming more restrictive and regulatory to the miners. Keith alluded to that without really coming out and saying it, but as he said the politician have to say that to get elected and after the election is over they revert back to the status quo. Mexico needs the money the mines are bringing in, so they can't cut their own throat.

At the end of the day I believe how FM goes will have an impact on what goes on with FMG. If silver really takes off higher and breaks through those old $50 highs FM will become a huge cash cow. The focus will be on silver and in turn, the silver miners. That's when things start getting really interesting.

IMO that's all coming in time.

P.S.: I've bought most of my physical silver through JM Bullion and their silver ships out of Las Vegas also, Vegas seems to be a major hub for that.