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First Majestic Silver Corp AG


Primary Symbol: T.AG

First Majestic Silver Corp. is a Canada-based mining company focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada. The San Dimas Silver/Gold Mine is located approximately 130 kilometers (km) northwest of Durango, Durango State, Mexico and consists of 71,868 hectares (ha) of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located 150 km northeast of the city of Hermosillo, Sonora, Mexico and controls mining concessions totaling 102,244 ha. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. La Encantada has 4,076 ha of mineral concessions and surface land ownership of 1,343 ha.


TSX:AG - Post by User

Post by jg75123on Feb 03, 2021 7:25pm
144 Views
Post# 32466265

Reddit crowd got taking down by big $$

Reddit crowd got taking down by big $$they thought they could tske down the biggest banks in the world.... it was a good effort and i hope it continues.

all the little retsil people dont have strong enough hands and wallets to take the pain for the little while. thats why when the big $$ banks started pressuring silver back down all the little guys got scared and sold for loses. it lasted a few days. imagine what would happen if 5 times as many people were buying and holding. Silver could take off to $50 fast but it would take an army of retail buyers to talke down the bg boys comtrolling silver.

cant wait to see the next rally.
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