There is a movement currently gaining steam on social media to burn the silver short sellers. So, hear what First Majestic Silver Corp.’s CEO Keith Neumeyer has to say about the largest short seller position currently occurring in his company’s stock (12:09 mark). Will silver and First Majestic short sellers be delivered a painful lesson?
Keith also provides an overview of First Majestic’s current operations and discusses possible divestitures, acquisitions and ways to possibly continue to grow the company. Keith mentioned that this silver upcycle should last at least 3-5 years.
0:00 Introduction
0:48 Silver mining industry in 2020
2:49 Covid-19’s impact on silver mining in 2020
4:26 First Majestic has 60% revenue from silver production
5:29 Potential project divestitures
6:49 Type of project First Majestic would acquire
9:10 ATM for silver producers?
12:09 Massive short position on $AG
14:58 First Majestic’s new dividend policy
16:32 One more company up your sleeve?
[ Ссылка ] TSX:FR NYSE:AG
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