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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 McBabbleson Dec 09, 2022 2:21pm
230 Views
Post# 35162380

RE:Silver Stocks

RE:Silver StocksI think that the markets overall are ripe with fear and as a lead up to December folks are going to the sidelines (because of the risk/fear or even for tax reasons).  How I've viewed my gold/silver stocks is that they have been steadily increasing, but when there is preceived bad market news (e.g fed, CPI or interests rates are going up), these stocks slip, but not as much as other sectors of the market.  In fact, I look to see if there is an overreaction and I would say that silver and gold have stayed away from the market overeaction for the last few months.  I think this bodes well for next year as buying starts up in Feb/Mar
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