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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a mining company. The Company is focused on silver and gold production in Mexico and the United States. It owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, 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. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.


TSX:AG - Post by User

Bullboard Posts
Comment by touaregon Apr 03, 2013 7:51am
213 Views
Post# 21203466

RE: Bottom?

RE: Bottom?

Ok one more post.. not sure I should be telling you guys about this because the more people who know about it the less it is likely to work.. but I suppose it makes a point that you don't have to be a 'pro' to know! lol..

I posted on here about buying a PM stock on the LSE (LondonSE) AFTER the PM sector had started its little run about a month ago.. I bought this stock at a 30 month low after CAD PM stocks had already made good gains .. it then went up 12% reaching a high YESTERDAY.. It traded around that high ALL DAY yesterday while gold was getting slaughtered along with CAD PM stocks.. this gave me plenty of time to get out with a 12% profit.. today it has gapped down 12%.. right back to square one!

Did I hear someone say no brainer!..

Ok if you live on the west side of the pond you will have to either stay up very late or get up very early but only very occasionaly.. the thing is it like having an early warning.. simply by watching the CAD PM sector you get as much as a day or two to make your trades.. So instead of chasing a stock in Canada you just pop over the pond and buy one in London.. and then when something like yesterday happens you get time to sell right at the top.. 'simples' as we say over here.. and how much better is that than trying to figure out when to buy and sell BEFORE it happens?

I should add that I'm not giving away the name of the stock I trade on the LSE and it may not be the same with all the PM stocks over here in the UK but surely worth looking into no?

Share ideas!!

 

Bullboard Posts