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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
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Comment by metalmaniakon May 02, 2011 2:57pm
538 Views
Post# 18518926

RE: RE: best miner to be short is FR

RE: RE: best miner to be short is FRgold is not overbought and silver is...what dont you understand? I have bought silver at 3 entry points, 12.50, 19 and 26...sold all at 42.
Gold is not overbought, may correct 10%, but silver can correct 50%!! FR is a screaming sell, and breaking 18 as I type. Will be easily back at 13 lvel shortly. Great article on Sprott selling silver as well.
Bullboard Posts
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