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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
Comment by bullcharton Jan 06, 2015 4:38pm
324 Views
Post# 23291407

RE:RE:Bound to happen

RE:RE:Bound to happenSure is. The truth is that many ran this down from 12 to 4 and just when we had predictons floating around about 700 dollar gold, took their tax loss in Dec. Now these same people are wanting back in bit the market just keeps edging higher in over sold FR without giving anyone a break to re-enter.  Can't fight the tape. 1 red 30 min candle in 21 white ones. WhenFR decides to go, nothing can stop it until a number some MM has in their head. I just take 12 to 4 and see a 50% fib retrace here at about 8.00. Probably where this should be. 
Bullboard Posts