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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

Comment by Stockemupson Jul 13, 2020 9:09am
54 Views
Post# 31259406

RE:First Majestic Short Interest position

RE:First Majestic Short Interest position
Sobriquet wrote:

Hi All,

I'm new to the board so be gentle. :-)

First Majestic short interest position is as follows :

US ticker = 37.15M shares short as of 30th June.

CAD ticker = 4.9M shares short as of 7th July.

That's a grand total of 42.05M shares short. 185.11M shares make up the public float, so that's 22.7% of the public float shorted.

It's going to be fun and interesting to watch this play out for us longs!!!



Ya and silver is up 2.4% already today to $19.52 an ounce. Squeeeeeeeze coming. IMO.
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