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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 georgoubon May 19, 2016 10:32am
127 Views
Post# 24888215

RE:Overdue Correction Underway

RE:Overdue Correction UnderwayShoulda sold on Monday! lol Agreed though that a correction was overdue. In my opinion, I don't think that the FED raises rates in June and that all this is just "jaw boning" to ensure that the market knows who the boss is. If they do raise rates, expect markets to tank as they did in Dec and then this whole cycle starts over again. Additionally, I think that the FED just needs to create some room in both directions in the event that they need to lower rates as the economy is heading into recession. Ok, I need to take my red pill now...:)
Bullboard Posts