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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
Post by bridgenut107on Apr 15, 2013 4:21pm
203 Views
Post# 21256482

summary of a long day

summary of a long day

of course  , we could have sold out our position  last Friday   but held...charts looked worth keeping

pretty well glued to the screen trying to monitor  a low coming in ....that did not happen

smallest of good news is that we finished aboive the low of the day but that has happened before 

feels funny..own a good stock here with super news today  and at the nd of the day portfolio

down many thousands .....

sold some at the end to keep the account  comfortable....

turns out there were lots of warnings but thought FR was in pretty good shape......continueing

to hold  and will do so .....if this is the way  my portfolio blows up....i would be surprised .

 This is by far the worst  day for gold and silver that i can remember   ...where is the bottom...i dont know 

but when i look at the second worst day back in May 16   2012  when FR went to 12.26 , we have seen this  before and we came back

lets see where this  proceeds to...sad day  for the mindset.....

 

thku for your comments  oldfx

Bullboard Posts