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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
Post by TraderBillon Aug 18, 2017 12:10pm
248 Views
Post# 26596680

FR is a different company after Q results

FR is a different company after Q resultsFR has a lot of work to do to get back with its peers and back to the #1 leveraged silver miner, charts don't lie as its none of us here that can move the price value on the chart, its the big fund players and they have no doubt revalued FR going forward

Last time Silver was $17.05 FR was $11.25 as you can see on this chart=reality!...thats a 28% value discount and its based on forward guidance making the price of silver even more important to FR's share price vs FR leading the way higher as a leveraged miner....FR is going to need much higher spot silver pricing

https://tinyurl.com/ybyheopj










Bullboard Posts