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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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(2)
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Comment by Ranger56on Jun 18, 2013 11:44am
174 Views
Post# 21537507

RE: RE: RE: FR/AG Friday

RE: RE: RE: FR/AG Friday

I hear you-- silver is a very confusing trade right now. Especially with the typical US$ / Silver and Gold price correlation breaking down right now. But take a look at attached article, it argues that the bull run in silver is not over yet and with the current extended correction, a big spike is coming and long overdue. But of course, no one knows when.  But likely this will be the trigger point that starts the next cyclical bull run for silver. But right now trading good miners like FR remains very tricky.

https://www.silverseek.com/article/silver-will-it-drop-10ounce-12195

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