$30 Silver = $100M+ More Cashflow | Keith Neumeyer - First Majestic Silver Corp

#Silver #Gold #Mining #resources #investing #stockmarket
In this interview from The Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Steve talks with Keith Neumeyer, CEO of First Majestic Silver Corp (NYSE: AG) (TSX: AG) (FSE: FMV). Neumeyer discusses the current silver market, First Majestic's position as the largest silver company at the event, and the significant impact of higher silver prices on the company's economics. He also shares insights on the mining sector's valuation, the potential for future acquisitions, and updates on the Jerritt Canyon project. Additionally, Neumeyer touches on his involvement with Snow Line Gold and the recent launch of Yukon Metals Corp.
First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, U.S.A.
First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.
For further information, visit our website at www.firstmajestic.com. You can contact us by e-mail at [e-mail], or by telephone at 1.866.529.2807.
First Majestic Silver Corp is a client of Canacom Group, the
parent company of The Deep Dive. Canacom Group is
currently long the equity of First Majestic Silver Corp. The
author has been compensated to cover First Majestic Silver Corp.
on The Deep Dive, with The Deep Dive having full
editorial control. Not a recommendation to buy or sell.
We may buy or sell securities in the company at any
time. Always do additional research and consult a
professional before purchasing a security.
===========
Looking for better insights on the markets? The Deep Dive Spotlights is providing exclusive industry insights from executives, insiders, technicians, specialists and more.
We're upgrading our Canadian small cap coverage from written to visual, hitting investors with a double dose of market insights to provide a special look into just what's happening in the Canadian public markets.
Catch our full suite of content below:
Website: thedeepdive.ca/
Twitter: / thedeepdive_ca
Facebook: / thedeepdive.ca
Instagram: / the.deep.dive
LinkedIn: / the-. .
Disclaimer:
Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.
00:00 Introduction
00:23 Silver Market Buzz
00:52 Triple Digit Silver
01:59 $30 Silver Economics
02:39 Mining Stock Undervaluation
03:15 Institutional Money Flow
04:45 Triple Digit Silver Prediction
05:16 Acquisition Strategy
06:06 Snow Line Gold
07:59 Yukon Metals Corp Launch
08:33 Jerritt Canyon Update

[@flipvansaksen774]

AG is going down. I lost 60% and switched to Pan American. Best decision ever.

[@johnvandegraf2000]

-20% without share delution the company is gone ,what a fake manager ,he need 100 silver to get break even! miner A Hole in the Ground With a Liar at the Top:

[@chilibaldrr840]

If silver hits $100, I believe there will be so many stackers trying to cash in at the same time. I believe the only way silver would be bought at a high price is if the fiat system was in deep trouble or hyperinflation. Than again people buy cryptos which are essentially 0 and 1"s.

[@rudeawakening3833]

Buy PHYSICAL SILVER !
Silver Squeeze 2024 !!!!

[@paulogouveia5683]

First majestic is low because investors are sick and tired waiting for this guy to make a profit

[@roundnround365]

Q3 - Q4 2024 AISC of $19.05-$20.35 per oz with 11.0-12.2 M OZ AG EQ production.100 dma on $silver is $28.44. 12 million oz X $8 per oz profit is $96 million oz of PROFIT for H2 2024. PRESENT CASH POSITION:$102 MILLION USD's.

[@amiclic]

Their company needs promotion but I'm not fooled, I know that this one in particular practices massive dilution

[@roundnround365]

First Majestic has less than 300 million shares O/S and has been operational for 18 years. Try again.

[@amiclic]

@@roundnround365 so what ? just look the short ratio , its the worst big silver company with coeur

[@roundnround365]

@@amiclic So,you're full of __it. There is no massive dilution.

[@notubusiness5062]

​@@roundnround365
301 million now after even more dilution last week.

[@zardiw]

Is First Majestic still losing money???............Z

[@TheDeepDiveCa]

On paper they lost money on the bottom line in Q1 (-$13M), but a that is a big turn around from the quarter in the previous year where they lost around $100M. A lot of that is paper adjustments (non-cash related) in Q1 they made around positive $12M in operating cash flow. We should see things really open up with Silver now trending near $30. For silver producers, going from $20 to $30/ounce silver is gigantic. And First Majestic is usually the leader in SIlver bull markets amongst peers, so if history is any indication it could get interesting from here. - Steve

[@notubusiness5062]

This guy lies like a rug. They produce 21 million sikver equipment ounces, BUT, they have huge royalties on top 2 mines. So $1 move up in silver is actually around $4 million to bottom line, not 20 million. Another lie is Jerritt Canyon had breakdowns over 2 Winters, not 1. Keith thinks coining the phrase: "3 digit silver" is something to be proud of, but he actually stated: "3 digit silver soon" and that was 13 years ago. Btw, they have falling production and just announced 17 cent loss when silver for Q2 was averaging $30/ounce.

[@mana7412]

Should've taken the opportunity to ask anything about FF too