MAG Silver Corp.

MAG Silver Corp. is focused on advancing two significant projects located within the Mexican Silver Belt. Our mission is to become one of the premier companies in the silver mining industry. Currently, we are advancing the underground decline towards the high grade Valdecañas and Juanicipio silver vein discoveries in Zacatecas State, all within the joint venture between MAG Silver (44%) and Fresnillo PLC (56%). In addition, we are negotiating surface access in order to further delineate our district scale, 100% owned Cinco de Mayo property in Chihuahua state, where two new silver, lead, zinc discoveries are opening up further growth opportunities for MAG Silver Corp.

Expert Comments:

Heiko Ihle, Rodman & Renshaw (11/16/15)
"On Nov. 13, MAG Silver Corp. announced Q3/15 results. . .we believe the current cash balance should be sufficient to support activities for the next year. . .in addition to advancing the decline, exploration efforts at Juanicipio are beginning to uncover what could be a vast longer-term grade improvement. . .we view Juanicipio as one of the highest-grade undeveloped silver deposits in the world and believe recent drill results have the potential to uncover further potential and mine life for the site."

David Sadowski, Raymond James (11/16/15)
"On Friday, MAG Silver Corp. released Q3/15 results, which provided a number of corporate and operational highlights, including on its flagship, 44%-owned Juanicipio in Mexico. . .we urge investors to bolster positions in the company's stock, our analyst current favorite and top precious metals developer pick. We believe the currently depressed share price does not reflect the true potential of deeps (let alone the main Valdecanas Bonanza Grade silver zone), which could double mine plan throughputs and extend mine life. We model first ounces produced at lowest-decile cash costs in early 2018."

"MAG Silver Corp. is actually not in production yet, but it is a scarcity story because it's one of the best silver projects around. MAG Silver has a very strong joint venture partner and a lot of exploration upside. You can have an agnostic view on silver, and that company will do well. If you have a more constructive outlook on silver, that company has the potential to do very well. We like companies that have that special touch. MAG Silver is one of them." read more >

"MAG Silver Corp. has a tremendous suite of silver-rich assets in Mexico, one of which is a joint venture with Fresnillo, the world's largest silver producer. It's hard to imagine that at some point Fresnillo doesn't want to take over MAG for that asset. However, MAG's strong shareholder base, including Tocqueville, won't let that happen at too low a price. The dice are loaded for a deal and for a big move in the silver price, which could come on the heels of a big move in the gold price. I think MAG is one of the best pure silver stories out there." read more >

John Bridges, J.P. Morgan (9/24/15)
"MAG Silver Corp. was excited about the progress at the Juanicipio JV (44%), which it called a 'box-ticker,' with its partner Fresnillo Plc (56%) seen as a great executor of projects. Fresnillo also, separately in its presentation, shared its positive view about development of this project. Juanicipio is a 15-year mine-life silver project with an impressive expected all-in sustaining costs of $6.61/oz."

"We have followed MAG Silver Corp. for a very long time. In fact, before anyone even knew the name, I was given a preview to the company by Dr. Peter Megaw, MAG chief exploration officer, whom I consider a friend and mentor. MAG Silver has two projects in the Mexican Silver Belt, the Valdecanas and Juanicipio properties. The company did get into a problem with joint venture partner Fresnillo Plc, which has been straightened out. You don't need to look much further than MAG Silver if you're really a silver bull to put something in your portfolio that I think for the longer term will certainly do well." read more >

More Expert Comments

Experts Following This Company

Markus Bachmann, Fund Advisor – Craton Capital
John Bridges, Analyst – J.P. Morgan
Michael Gray, Analyst – Macquarie Capital Markets
John Hathaway, Senior Managing Director – Tocqueville Asset Management L.P.
Wayne Hewgill, Analyst – Mackie Research Capital
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Andrew Kaip, Analyst – BMO Capital Markets
Philip Ker, Mining Analyst – PI Financial
Douglass Loud, Executive Director – Greystone Asset Management, LLC., Axiom Capital
Kevin MacKenzie, Analyst – Salman Partners
Chris Mancini, Research Analyst – Gabelli Gold Fund
David Morgan, Publisher – Silver Investor
Jeffrey Mosseri, President, Director – Greystone Asset Management, LLC.
Shane Nagle, Analyst – National Bank Financial
Gwen Preston, Founder Resource Maven
Lawrence Roulston – Metallica Development Fund Ltd., Quintana Resources Capital ULC
David Sadowski, Analyst – Raymond James
Chris Thompson, Mining Analyst – Raymond James
Trevor Turnbull, Analyst – Scotia Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.