Nevada is on hold because the Jerritt Canyon mill is on ice.First Majestic acquired the mill a few years ago from Sprott. It was always the intention to toll mill our ore at Jerritt Canyon. The market has discounted AW8 as a result of this closure. It is still a good asset LT but no Point spending money on it ST
Keep an eye on First Majestic intentions, they will reopen at some stage when the economics stack up.
WA8 Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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