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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

Comment by Stratocheifon Sep 23, 2023 5:16pm
196 Views
Post# 35650860

RE:RE:What's changed

RE:RE:What's changed I read an article that there is a consensus among gold analysts that gold and silver will be down 20% in medium term....2 or 3 years out. If this is what major investors believe, is it any wonder all prescious metals miners are in the doghouse. Can't believe what I'm seeing. Most miners are trading where they were when gold was $1200 and silver $14. As Rick Rile once said....invest in the most hated sector. That's where there may be opportunities to make some real money because eventually sentiment will turn. I'm waiting. No rush. I'll see in a few years. I own about a dozen miners. Only one that is gaining is Artemis. It's like that in a protracted sector bear market. It becomes a challenging stock picking game. When it's in a bull market, all the decently run companies will do well.
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