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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.


TSX:AG - Post by User

Bullboard Posts
Comment by thebeermanon Dec 11, 2010 1:12am
465 Views
Post# 17833009

RE: 11.48?!

RE: 11.48?!Well, don't know about anyone else, but I can honestly say, I bought 5000 shares@5.56 about 3 years ago, cause I seen this as a 20$stock. I watched it go to below 2 bucks and bought another 5000 shares on its way back up around 2 bucks. I sold half of my position last week at 13.25 and will sell the other half near 20(I hope), but in the mean time am enjoying my lovely gain(at current time, best stock pick). Personally , I have my doubts silver will stay high, it seems to me it went up to quick, and the commodity market for that fact seems too strong, a pullback in the near future seems very possible, as I don't see the worlds economies can afford where these commodity pricings are headed. As an investor, I hope I am wrong, but anyways just my thoughts.
the beerman
Bullboard Posts