Video News/Vancouver Resource Investment Conference 2024

Keith Neumeyer, president and CEO of First Majestic Silver (TSX:FR) said silver’s $23 resistance level has more to do with sentiment than fundamentals. In mid-January Neumeyer spoke to Kitco Mining at the Vancouver Resource Investment Conference 2024. “There's a view out in the marketplace that we're going into a worldwide recession and even though the supply-demand fundamentals for the metal look extremely good… silver just can't seem to get a bid,” he said.