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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

Post by BaldSilverHeadon Mar 05, 2024 3:08pm
92 Views
Post# 35916418

Silver

SilverTracks the recession as a purely industrial metal. Stock go down silver goes down. It only tracks gold when gold heads down. The sovereigns have been abusing this critical metal. 500 oz in tomahawk. Solar usage increasing along with all the Green agenda. And....Yet here we are gold up silver down. There will come a day soon (imho this year) where silver will explode thru its previous highs of $50 just playing catch up. Demand continues to climb as supply remains level. Go gold at some point people will ask ... what about silver? Oh it will have Bitcoin (e-fiat) explosiveness. I can't start ww3 with bitcoins on the front of my missiles. 
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