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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 whypromoteon Jan 21, 2011 6:42pm
403 Views
Post# 18010140

RE: RE: RE: The herd !!!!

RE: RE: RE: The herd !!!!Hey..the HERD got FR to over $15! They were your pals then! :)

Good to see some objective thinking here and other Boards.

Belated but....it was no one traded gold and silver stocks before 2010!!! Corrections are normal...healthy.

Remember my 5 stages post weeks ago? Shocked that few SH posters ever saw a correction coming? My better be hedged posts in dec?

Getting out of denial is a good first step. Markets correct. These are stocks and FR and SLW are " silver proxies "....riding the trend that cuts both ways. Chart monkeys and hedgies! FR " good news " is out there.

Majors rolled over 1st....we followed.
Watch how " rallies " are bought or sold.

Flow into " juniors " really exploded this summer. GDXJ - GDX relationship. Reversion to the mean?

https://stockcharts.com/h-sc/ui?s=GDXJ:GDX&p=D&yr=1&mn=0&dy=0&id=p61374289141

If the metals correction continues......we could easily fill the gap at $9.

These are ugly....scroll down for multiyear...:)

https://www.kitco.com/charts/techcharts_gold.html

https://www.kitco.com/charts/techcharts_silver.html

GLTA
Bullboard Posts