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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 zentrarianNZon Oct 23, 2016 3:24pm
179 Views
Post# 25375968

RE:I'm Back In

RE:I'm Back InMe too. I'm not expecting that kind of extraordinary run again, but looking around, there just isn't anything much out there that can compete with FM, at least as far as the silver portion of your port.

I like AXU, and own a bit of SLW as well. But AXU is a one trick pony and SLW is still hamstrung by their tax issues. I don't think FM has the upside it once did, but OTOH it pulled back more than most, so it can expected to recover faster as well, especially if silver breaks out.

After that initial run, I think its' going to be a magnet for institutional money and momentum traders once it gets going again.


Bullboard Posts