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Message: Consolidation

I don't believe in this desire to consolidate the silver mining companies. Occasionaly one company may take over another but on the whole the fact is that there aren't too many primary silver miners. If a company produces 5 mln ounces per year it is eq to 100,000 ounces au. With silver going to 35/40 USD next year these already just a few companies will become most popular.

My estimate is that Keith will make First Majestic hugely popular because of superb internal growth and perhaps some smaller strategic take overs.





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