K. NEUMAYR -
$AG FIRST MAJESTIC SILVER: MAKING AN OBSCENE AMOUNT OF MONEY
Silver is racing past $76, but Keith Neumeyer, CEO of First Majestic, isn't celebrating without caution.
⚠️ “Parabolic moves really don't make me feel that warm and fuzzy.”
✅ He wants stability: “Chop sideways for two, three months… so people can get used to $70 silver.”
🤔 Why? Miners can’t profit from short-term spikes.
“We need these kinds of metal prices to last six months, 12 months… to actually take advantage.”
➡️ If it spikes and crashes, the mining sector gains nothing.
The Big Disconnect: Silver is soaring, but mining stocks (like the GDX/GDXJ ETFs) are lagging.
Why? Massive outflows from mining ETFs, while retail money still chases tech stocks like NVIDIA.
🔄 “Until that strategy is proven wrong, they are ignoring the mining sector.”
First Majestic’s 2025 Wins:
✅ Successfully integrated the $970M Gatos Silver acquisition.
🔎 Made multiple new discoveries at existing mines, extending life & future output.
💰 “Our treasury is bursting at the seams… an obscene amount of money.”
The Bottom Line: The CEO of a major silver producer is pleading for cooler, more sustainable price growth—because that’s what builds a lasting mining business and finally closes the staggering gap between the metal and the miners.
#Silver #Mining #Stocks #Investing #FirstMajestic #Commodities #Finance #GDX #PreciousMetals