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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
Comment by black364on Mar 03, 2016 8:58am
109 Views
Post# 24616359

RE:RE:RE:black364...don't really see the point of opinions towards

RE:RE:RE:black364...don't really see the point of opinions towardsI asked for some dialogue on HFT and this is a start. I watch HFTs, run the price up and run the price down all to their advantage through a moment in time that is advantageous to them, CIBC and Ano being the most notable with help from Merril and Stanley. These four houses are constantly in your face with multiple fake bids and asks, loading up one side or the other with volume only to have it all disappear in a nano second. I have level 4 and watch the trading close enough that I pretty much know what  Algo traders are going to do in advance, off course not a nano second in advance but generally how things will proceed. I'm not sure we can credit HFTs, taking us us to 6 bucks, they don't care about positive news and it really doesn't matter to them where the share price lays as long as they can make their daily 10th of a cent across the board. I also don't think we are going to have to rely on HFTs, to take us to new highs when and if the silver bull returns in fact they may make every effort to hold the share prices back depending what their software programs suggest. Fund managers, Mom and Pops along with high rollers should be enough to  get us there when the PMs, rise. What ever happened to the new exchange that was going to open in Toronto disallowing HFT trading? Thanks for your input Fox, I'm hoping others will join in as well, I'm trying to understand HFTs. All the above in my opinion opinion only,   
Bullboard Posts