First Majestic Silver Corp T.FR

Primary Symbol: T.AG Alternate Symbol(s): AG

Metals & Mining Silver

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

First Majestic Silver Corp

Bullboard Posts

Post by TraderBillon Jun 21, 2017 9:12am

83 Views

Post# 26386503

Monkeydonkey

Didn't realize web broker fees in Europe were higher than $9, ouch!

It was the action by the BOJapan late Jan 2016 that sent the Yen from 82 to 100 taking gold from $1100 to $1377 Jan-Aug as they went negative interest rates.

I personally think the latest FOMC spin is complete BS but it matters nil what I think its the boys trading the US Ten year as they believe the spin for now and that action is keeping $yen/gold weak

Since last weeks FOMC the 10year has popped from 21.03 to 21.70 as $yen declined from 91.80 to 89.70 pushing gold back from $1286 to $1242 which is the 200DMA a key level being tested again today.

TB

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions