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First Majestic Silver Corp T.FR

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:FR - Post by User

Bullboard Posts
Comment by TraderBillon Aug 17, 2017 6:48pm
124 Views
Post# 26594162

RE:RE:RE:Monkeydonkey

RE:RE:RE:MonkeydonkeyPI your a great example of trading or holding a position based on fundamentals vs the chart as you bought FR way back in late 2016 sub $4 yet you held a core position based on your opinion/fundamentals all the way up and down until the last Q release proved that approach to be very costly as how much more money would you have in your pocket selling everything using the sma @ 10 = $23.50 and again 2 days before the terrible Q release selling at $9.90, you'd have a lot more money to trade SSRM with.

Even K.N. said in an interview FR going to $24 last year was the pendulum swinging too far, the sma @ 9 on the silver chart suggested selling Silver in Aug at $20.25 from the $21.22 Silver high 

once again the chart was far more profitable than fundamentals, opinions

GLTY with SSRM

TB
Bullboard Posts