By SD Contributor SRSrocco:

A few days ago, I presented a table on the top silver miners COST OF SALES ratio.
I have put together another one showing the OPERATING EARNINGS.

According to my data, the top 2 in both tables, First Majestic & SilverCorp have the best low cost structure of the bunch.  They also showed the highest net income percentage compared to the others.
Here is the breakdown:

Keith Neumeyer, CEO of First Majestic Silver Corp.,  Exclusive Radio Interview With BullRun of SilverDoctors.com.

When asked on his views of the future of the metal….

I am comfortable with investing part of our revenue or part of our earnings into the metal.

We did invest $10 million in the PSLV which is Sprott’s ETF.  We are the only mining company that actually invested in that fund.  Quite surprisingly to me, I communicated with I think 5 other silver mining companies’ CEOs over a period of week prior to that offering by Sprott.  I told them that First Majestic would participate in the offering and I asked them to participate as well.  Not one of them did to my surprise.  We are happy to do it, but it was a bit surprising that other miners did not participate. 

First Majestic Silver Corp. is the first silver miner to be featured on SilverDoctors.com and has given us 7- 1/2 oz promotional rounds to be given out to SD Readers.  Silver rounds will be awarded as part of daily contests from 4/15-4/21.

 

FULL INTERVIEW BELOW NOW AVAILABLE: