First Majestic
Company Review
Ratings :  
Pricing :
Selection :
Shipping/Processing :
Customer Experience :
Overall :
 
About First Majestic

First Majestic is committed to building a senior silver producing mining company based on the Company's current portfolio of projects focused on silver in Mexico.

First Majestic owns three producing silver mines, the La Parrilla Silver Mine, the San Martin Silver Mine & the La Encantada Silver Mine and an additional mine under pre-feasibility, the Del Toro Silver Mine and the recently acquired Real de Catorce Silver Project.

First Majestic recently reported that 4Q 2009 production increased to 1,249,568 equivalent ounces of silver representing a 15% increase over the prior quarter production and 18% over the fourth quarter of 2008.

NIA's First Majestic Review

First Majestic is a publicly traded company that we have suggested on our stock suggestions page. They also offer silver for sale on their web site via the "Bullion Sales" button on the top menu.

First Majestic's bullion store contains the listings and pictures of six silver products: 1 oz business strike rounds, 5 oz proof finish silver rounds, 5 oz silver ingot bars, 10 oz silver ingot bars, 32.15 oz (1 kilo) silver bars, and 50 oz poured bars. First Majestic sells their 1 oz business strike rounds by tubes of 20. First Majestic has a maximum order size of 300 ounces of silver.

On the top of the page First Majestic displays their price per ounce of silver for the day. At the time of our review update, First Majestic's silver price per ounce was 5.8% above the silver spot price.

At the time of our review, First Majestic’s price per ounce was $0.26 higher than the cheapest 1 oz silver rounds being offered by Lear Capital.

First Majestic has greatly improved their ordering system since the time of our first review. When you click "view" for a particular item, it displays detailed information on the product and several enlargeable pictures from different angles. You can then add the item to your cart and then either continue shopping or view the cart.

Before placing an order, First Majestic now allows you to automatically calculate your shipping cost based on the items ordered and your location.

First Majestic now accepts credit cards directly through their shopping cart. (They previously only accepted PayPal for online payments). You can also choose to wire the money to them.

All of First Majestic's products are now listed as being in stock and they have greatly improved their shipping and processing. Orders from First Majestic now typically ship within 2 to 3 business days following the receipt of payment.





Please enter your e-mail address to receive the free NIA newsletter! You will receive our stock suggestions and articles in advance before they are posted on Inflation.us!
 
 
© 2009 National Inflation Association. All Rights Reserved
Questions/Comments: editor@inflation.us - Legal Disclaimer