"Sure would be nice to have that $79 million right about now."

I'll drink to that. First Majestic could temporarily cease selling silver coins until the price picks up without having to disrupt production. There is enough cash in the kitty that management could sit on the silver coins and sell them at a more opporunistic time. It would be a nice gesture for the shareholder base.

At some point we'll have another "Apple moment" where a large consumer of silver may not have enough silver to maintain manufacturing. We could get a short covering and a nice bounce in the price of silver from that news.

Sadly the price of PM's is being managed.......like LIBOR, FOREX, etc.!

Nice to see the SP up $0.20 on the day though.

All the best,

The Bluenote