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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 MGtrickyon Oct 12, 2016 1:08pm
120 Views
Post# 25335708

RE:RE:RE:RE:RE:RE:Over sold

RE:RE:RE:RE:RE:RE:Over soldI'm agree with you, i'll be long with a tight stop too. But the only way i see an upside in the metals, it's if trump wins the election. If clinton goes to the white house, it will be a statut quo in the current establishment and it will be bearish short term, because of the fears about the rate hike in december. The upcoming economic data can change the game a little, but not enough to take off the table the rate hike. We can also talk about the deustch bank problem in germany that can be an other catalyst in the break of the gold price. But a lot of interesting things will happen until the end of the year. It will be a busy fall :) 
Bullboard Posts