An Update From Keith Neumeyer
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Late last week, I had the opportunity to speak once again with Keith Neumeyer, CEO of First Majestic Silver and Chairman of First Mining Finance. If you're an owner or prospective owner of these shares, you should be sure to listen to this update.
Among the topics Keith and I discuss:
- The decision on Wednesday by The Fed to keep the Fed Funds rate at the current level
- The trends in global silver demand that have been exacerbated in 2016
- The astonishing level of asset acquisition by First Mining Finance
- The all-in sustaining cost for First Majestic as well as the amount of earnings that flow to the company's bottom line with each one dollar rise in the silver price
This was a very valuable 20 minutes of my time and I'm sure it will be the same for you. Therefore, please be sure to listen.
Keith Neumeyer is the Founder of First Majestic Silver Corp. (formerly, First Majestic Resources Corp.) and has been its Chief Executive Officer and President since November 3, 2001. Mr. Neumeyer has been the President and Chief Executive Officer of First Silver Reserve Inc. since June 19, 2006. He has an extensive experience dealing with the financial, regulatory, legal and accounting issues. He founded First Majestic Silver in 2002. He served in the investment community for 28 years beginning his career at a number of Canadian national brokerage firms and continued on with McLeod Young Weir (now Scotia McLeod), then Richardson Greenshields and then Walwyn Stogell McCuthchen (which became Midland Walwyn). Mr. Neumeyer moved on to work with several publically traded companies in the resource and high technology sectors. His roles have included senior management positions and directorships responsible in areas of finance, business development, strategic planning and corporate restructuring. Mr. Neumeyer has also listed a number of companies on the Toronto Stock Exchange and as such has extensive experience dealing with the financial, regulatory, legal and accounting issues that are relevant in the investment community. He was a co-founder and President of First Quantum Minerals Ltd. (T-FM). Mr. Neumeyer is also the Founder of First Mining Finance Corp. and serves as its Chairman of the Board.
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