Bullboard - Stock Discussion Forum MAG SILVER CORP. T.MAG

Alternate Symbol(s): MAG

Metals & Mining Silver

MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is... see more

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MAG SILVER CORP. > The Premiums Are Crazy

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Post by argaiv on Apr 29, 2021 3:29am

The Premiums Are Crazy

I think the excess premiums are being charged to discourage physical buyers because there is way too much silver being shorted as far as what I have read. Just think back in 2018 you could not get anyone to hardly buy any silver that was not a precious metals investor. Whatever happened to buy physical when nobody else wants it?

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Comment by rob1237 on Oct 02, 2021 7:40am

Ikust bought some pysical silver the other day and the premium was 7/8 dolaar premium. So my silver has to go from $22.0 to $29.0 or so to break even. Joke.

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Comment by rob1237 on Oct 10, 2021 7:10am

Payical silver is expensive...i bought some and couldnt believe that i need an extra $6 now just to break even on my silver i just bought. I rhink buying MAG offers a cheaper way to own silver..

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