We're doing our part as a major #silver producer to support higher silver prices! At the end of Q3 @FMSilverCorp withheld selling 1.4Moz of #silver due to suppressed silver prices.โ๏ธ๐ฒ๐ฝ๐บ๐ธ@keith_neumeyer @FMSilverCorp #TripleDigitSilver $AG $FR.TO #BuyPhysical $PSLV
First Majestic
2,088 posts
- Banks continue to increase #Silver targets. UBS raises silver price forecasts again to $52 and $55/oz, compared with previous targets of $44 and $47. Read here: investing.com/news/commoditiโฆ @keith_neumeyer @FMSilverCorp $AG #TripleDigitSilver #GotSilver @FirstMintLLC #BuyPhysical
- On Jan 18, 1980 the Hunt Brothers drove #Silver to US$49.45๐ On May 1, 2021 #SilverSqueeze 2.0 is happening! Let's all do our part to #BuyPhysical๐ช @WallStreetSilv @reddit #TripleDigitSilver @keith_neumeyer @FMSilverCorp $AG $FR.TO $PSLV #ThrowBackThurday #TBT
- "Physical silver is leveraged ~400x by banks. We mine ~10Moz of #silver. If we send all our silver ounces through our own mint, we'll be removing 4Boz of paper silver out of the market" notes CEO @keith_neumeyer @FMSilverCorp $AG $FR #TripleDigitSilver #SilverSqueeze #BuyPhysical
00:00 - Samsungโs new silver solid-state batteries are poised to revolutionize EVs with an impressive 600-mile range, 9-min full charge, and 20-yr lifespan. Current EVโs require about 5g of silver. This revolutionary technology requires ~1kg of silver. Thatโs ~643% more silver per car
- "Our decision to inventory a significant amount of #silver during Q3 impacted our Q3 financial results but those additional revenues & cash flows are expected to be realized in the coming quarters as prices improve" CEO @Keith_Neumeyer @FMSilverCorp $FR.TO $AG #BuyPhysical $PSLV
- Eric Sprott is now a 11.3% shareholder in First Majestic #Silver following the Jerritt Canyon deal and his recent $30M investment๐คฉThis makes Mr. Sprott the largest shareholder in $AG $FR.TO @FMSilverCorp ๐ฅ @keith_neumeyer $PSLV #BuyPhysical #tripledigitsilver
- Investors should keep in mind Jerritt Canyon was 20% of @FMSilverCorp Revenue & 45% of CAPEX ($85M), which will not be spent now. EBITDA now increases by 50% and our #Silver purity increases to 51% as a miner @keith_neumeyer #TripleDigitSilver $AG $FR.TO #GotSilver #BuyPhysical
- In June 2020, we locked-in a 5 year natural gas contract @ US$1.60/MMBtu to provide clean low-cost power to Santa Elena. Natural gas prices have since risen to ~$6.00/MMBtu!! #silver @keith_neumeyer @FMSilverCorp #TripleDigitSilver $AG $FR.TO #BuyPhysical $PSLV
- "#Silver production has been in decline since 2016. We're consuming 1Boz of silver per year. The Silver-to-Gold mining ratio is now 7:1, but we're trading at over 70:1. Explain that to me, feel free" @keith_neumeyer @FMSilverCorp $AG $FR.TO $PSLV #BuyPhysical #tripledigitsilver
00:00 - "If I'm right and we see #tripledigitsilver, even if we see $50 #silver, I would like to see our dividend increased to 2%, 3%, and eventually 5% of our annual revenues over the next 5 years." @keith_neumeyer CEO @FMSilverCorp $FR.TO $AG $SLV Interview๐๐ฝ๏ธyoutube.com/watch?v=qkF_Yjโฆ
- Bloomberg see's the #silver price as low. The best conductor of electricity in a world of accelerating electrification and decarbonization has strong tailwinds for silver and to be one of the best performing commodities. @FMSilverCorp @keith_neumeyer $FR.TO $AG #TripleDigitSilver
- ๐ขBig News๐จ"Due to the current @FMBullion demand, the company is working with numerous mints & refiners to direct as much #silver sales as it can through its online store" said @keith_neumeyer CEO @FMSilverCorp #BuyPhysical $AG $FR.TO $PSLV #tripledigitsilver @WallStreetSilv
- BlackRock, the world's largest asset manager, with $7.4T AUM (as of Q4-2019) is backing up the truck on #silver. Was the 2nd largest buyer in Q2 2020 purchasing 5.4M shares of SLV. Smart money going long silver! @FMSilverCorp @keith_neumeyer #tripledigitsilver $FR.TO $AG $SLV













