Another Visit With Keith Neumeyer

39

With silver prices falling and now near their lows for all of 2017, what a great time to check in once again with Keith Neumeyer, CEO and President of First Majestic Silver as well as Chairman of First Mining Finance.

As most know, Keith is a staunch advocate for our cause. Whenever he's given a chance, he "calls a spade, a spade" and deplores the level of manipulation and price management within the silver space. As the CEO of one of the largest primary silver miners on the planet, Keith's leadership on this subject is extraordinarily valuable and important.

To that end, this discussion begins with a review of current events, in particular the "silver flash crash" of July 6. From there, we discuss the global silver market and the impact of low prices upon the miners, especially in the context of all-in, sustaining costs. Next, we discuss conditions as First Majestic and we close with a detailed review of the portfolio of First Mining Finance and an update on some of their most promising assets.

I hope you enjoy this audio. You'll likely find it very helpful and informative and we thank Keith for once again sharing some of his valuable time with us last week.

TF

  39 Comments

Dirt_Reynolds
Jul 16, 2017 - 9:11am

Gold

I'll stack it.

#keepstacking #networking

abguy4
Jul 16, 2017 - 9:12am

Secundo?

C'mon, wake-up you bums

sengfarmer
Jul 16, 2017 - 9:21am

yes

Sunday morning. Thanks Turd.

Blankone
Jul 16, 2017 - 10:03am

4th

Holding it for charlie......Keep stacking...

canary
Jul 16, 2017 - 10:48am

Only one thing stands out....Only one!

If you followed all gold/silver analysts, telling you which way prices would go...You'd been disappointed repeatedly (even with their best and very logical intentions). But there was one thing standing out (at least since the financial crisis)...It's the COT report. Believe or not, fake or real,...If you traded part of your positions based on it (going long when COT was very bullish, and going short when COT was overly bearish)...you would benefit enourmously from this decades long crime.

Compwiz4u
Jul 16, 2017 - 12:16pm
NUGTCALL
Jul 16, 2017 - 1:08pm

First Mining Finance

I remember Eric Sprout not being to high on this, buyer be aware.

OOOBuck
Jul 16, 2017 - 1:41pm

Neumeyer must be one of many mining CEOs

that are pissed with the daily manipulation of their industry.

Keith is incredibly cynical of the financial "management" of his industry but still keeps swinging and informing others of the obscene abuses that he sees occurring on a daily basis. He (like us), rails against the injustice of it all.
There must be other mining CEOs who feel similarly but perhaps simply put up with it because they don't feel empowered to execute change. They're not prepared to contribute the time and patience or the perhaps, they feel they lack the necessary skills. Not so Keith Neumeyer. With calm eloquence, he manages to expose the manipulators and tear them a new one. He has the skills and he obviously cares.

Always good to hear from him.

Jul 16, 2017 - 1:50pm

Yes, always good to hear directly from him

Keith's perspective is FAR more valuable than the simple scuttlebutt of Yahoo or Shitco messageboard.

In this case, I thought his insights into the all-in and sustaining costs of silver miners was particularly helpful.

Sound Money Minnow
Jul 16, 2017 - 1:56pm

Actually isn't Eric Sprott is in some ways a competitor

to FFMGF? Just asking since he is involved in Sprott Assets and ultimately mining finance himself. I remember Craig had an A2A with Eric and Eric commented on Keith being a top shelf guy. I own both SPOXF, and AG. I also own FFMGF. FFMGF may be more speculative, but I truly believe Keith and Eric are both the good guys. They are consistent in their analysis and honesty.

Just my opinion.

SMM

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