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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 24, 2016 8:57am
191 Views
Post# 25377229

RE:It was a nice rally ....

RE:It was a nice rally ....The rewards in the uptrend are much bigger than the downward risk. We have to be careful, but i still think that they will not raise rates in december and even if they do, the market is already price correctly for the hike. People are saying that we need a new catalyst to resume the bull market, we got 3 until the end of the year. Republican win the white house, italia vote to leave the EU and the lauch of the QE4 instead of the rate hike. All 3 possible up push for the precious metal. I'm not saying it will skyrocket, but i don't want to miss this kind of upward move event to avoid losing 50$ on the gold. The gold can go higher than 1400$ if one of those event happen. 
Bullboard Posts