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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Comment by knightrider12on Jul 09, 2016 5:33pm

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Post# 25038485

RE:overvalued

Hmmm???
You are correct, it never hurts to take some profit. All indications is flashing overbought.
But, I will hang on to my shares for now !!!
I had the same overbought signal with Yamana Gold last week.
Sold it earlier in week and went up over $1.00 with in 3 days. GO figure???
But, I did make a few bucks when I sold. So, I'm still a happy camper !

Hold Long and Prosper,
Knightrider12 ;-)

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