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Bullboard - Stock Discussion Forum 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... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Need a surprise large buyer to get some interest in silver
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Post by frances1 on Apr 05, 2022 4:10pm

Need a surprise large buyer to get some interest in silver

Interesting how certain names can move markets...Elon Musk buys 10% of twitter and the stock goes up 25%...incredible. I wonder with silver, if a Canadian guy like Chamath Palihapitiya were to take on silver....say buy 500M worth of this, he is not on the same level as Elon but he certainly is a rich and market moving guy. The question I have is, Chamath wants to be at a table with the top people in the world who according to him. rule the world markets. Perhaps moving the silver market would not be looked upon favourably and perhaps that seat would no longer be availblle. I am pretty sure that with a surprise investment by one of the worlds elite they would double their money in short order on this tight silver market. Just need one of them to look at this as easy money to bring silver up to where it once was....dont even need it to get past it's all time high and they double their money
Comment by frances1 on Apr 05, 2022 5:19pm
The ultimate reward....make $500M and bring down the Comex!! Or just have it presold to some big companies and break even and Bring down the Comex!! Either works for me....perhaps can make another $500M with video of Rostin Behnam squirming trying to tamp it down...I would pay to see that with fiat of course not real money!!
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