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

Comment by oppy69on May 13, 2013 5:47pm

108 Views

Post# 21387228

RE: FR held its support zone................

agreed, I have no good read on silver right now though. Does Copper or Gold lead silver? Will it simply do the inverse of the US$, will miners lead the charge, and the silver spot price follow or vice versa??

It has tested this low$11 area a few times; really hoping this is the bottom as I hate to average down...would much rather average up and start settling in the $13+ area for a change :)

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages