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First Majestic Silver Corp T.AG

Alternate Symbol(s):  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

Bullboard Posts
Post by JaidenInvesteron May 02, 2011 8:38am
582 Views
Post# 18516592

overbought ??

overbought ??Give me a break overbought !! If people are there to buy there are people to buy !!! Supply and demand unbelievable how this is unfolding someone is afraid of something. Seems like this happens every time there is a holiday Ie london is closed because of a holiday last monday we were closed and silver tanked $3.00 then back up the next day up again we will see if the same thing happens. I think it maybe time to get out for a week anyways seems like something or someone is trying to keep silver down below 46-50.

Anyways just my OPINION don't kill me for it !!!! Must admit I am pissed about this raid on silver because something is just not right.......


Bullboard Posts