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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

Comment by Stratocheifon Apr 23, 2021 7:55pm
148 Views
Post# 33060247

RE:Keith any update on $140 SILVER by 2018/19

RE:Keith any update on $140 SILVER by 2018/19A freind of mine borrowed $100,000 in 1980 to buy silver at $50. A few years later it was $5. I ran into this guy in 1994. He was working his butt off ...still hadnt payed off the loan. I was a little smarter than him lol. I waited till silver fell from 50 to 12 and i loaded up...1983 i believe it was. But after realizing the downward trend was not reversing i unloaded it with some loss but not much. I kept one 100oz bar as a souvenir...kinda makes an awsome paperweight too. I still have it today. Every time i look at it it reminds me of these facts: If i had put my $1200 into a good bond paying 9% ( common at that time) id have about $30,000 today. If i had put it in the stock market id have about $45,000 today. 40 years...i think its enough time to highlight the fact that investing in prescious metals is a loosing game. So carry on and keep hoping for silver to make you rich. Oh i forgot...its different this time.
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