First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

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

First Majestic Silver Corp

Bullboard Posts

Post by metalmaniakon May 02, 2011 4:04am

444 Views

Post# 18516263

best miner to be short is FR

started shorting at 20 up to 23 for a great short price of 22. FR is extremely overvalued on fwd earnings and will lilely correct to the 12-13 level with silver falling back down to earth...I see silver at 30 shortly, FR could actually go to 10 bucks. Personally short silver vs long gold at the moment in a pair trade as well.

Bullboard Posts

Harris or Trump? What scenarios can the TSX expect?