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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 22, 2011 7:27am
372 Views
Post# 18011384

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

RE: RE: RE: RE: RE: The herd !!!!Jaideninvestor....

As noted here and other places have been out of all PM shares but one for weeks.

Saw the correction coming...my prior posts asking people to hedge(puts) and to be objective.
Boards are a reflection of " herd mentality " and with other " tea leaves " offer RED FLAGS.

The denial posts...manipulation etc..etc...etc...are everywhere.

SH posters never saw metals correct? 5 months or so...historically is LONG in the tooth.

My aforementioned 5 stages of grief/death are setting in......finally.

Hedgies and hot money moved FR from this summer. Period.
As mentioned for months we're the " silver proxy " with SLW.

That is great but...trends change.

Take the blinders off.

What is different between FR at $4 this summer and $15 last month?
Really nothing except.....perception of earnings and the pop in silver.

Both are old news.

Perception moves stocks.....

GLTA

p



Bullboard Posts