First Majestic Silver: many positive developments underway

First Majestic Silver Corp. reports many positive developments despite the shares now trading at close to three year lows.

President and CEO Keith Neumeyer commented at the Denver Gold Show in Colorado and the Hard Asset Conference in Las Vegas this week that with the shares now trading at close to three year lows that the fundamentals of our business are not being recognized.

First Majestic Silver’s President and CEO, Keith Neumeyer adds:

“Severe market corrections are common in bull markets, however, the recent world wide sell off in commodities and mining shares appears over done in management’s opinion.”

“Management remains very committed to meeting and maintaining the growth of the business through continued expansion of production and Resource development which we are confident will result in bringing true value to shareholders.”

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