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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 AngelEyes3on Nov 19, 2014 11:51am
370 Views
Post# 23144080

Why is the price of FR shares being hit so hard??

Why is the price of FR shares being hit so hard??Also additionally the reason the share price of First Majestic Silver is being hit so hard is because management is stepping up to the plate and holding silver back from the market. If you look at most earnings comments they all state the decrease in sales and loss per share but very few state the reason for this is that silver is being with held from the market. The market manipulators want to make an example of anyone who challenges them therefore the shares are currently under pressure but this will also pass as people start to see the truth in these manipulated markets
Bullboard Posts