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Bullboard - Stock Discussion Forum 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... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > First Majestic so strong!
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Post by SXR600 on Jan 22, 2021 2:56pm

First Majestic so strong!

Why is FR so strong today, I have seen it the last days... +4% while other producers are slightly negative...

what's up? Is somethin' cooking here?
Comment by tictactoe111 on Jan 22, 2021 3:16pm
It's got a lot of catching up to do! Afterall it has under performed all others for so long. Whilst most major silver producers were running hard and fast FR just sat there stagnating, most likely because of the short position being fed. I thought that we were going to drop to $14.50 area before hitting to $23 but perhaps the shorts have had enough now. Time will tell but looking good for ...more  
Comment by JBoukis on Jan 22, 2021 3:49pm
Agreed.  FR has lagged but catching up nicely now.  Nice to see a green day today when metals prices are down.   Have a good weekend all.  
Comment by JBoukis on Jan 22, 2021 4:02pm
Comment by JBoukis on Jan 22, 2021 4:03pm
Apologies, didn't post properly the first time.  https://twitter.com/silverchartist/status/1352722796972019712?s=21
Comment by BingoFuel on Jan 23, 2021 11:06am
Very nice and strong jump yesterday, and against almost all "odds". Someone is clearly in trouble! Hopefully FR now starts the journey to $36
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