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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 dsarkon Apr 25, 2017 11:00am
181 Views
Post# 26162317

RE:RE:The price of gold always go's down at end of the month

RE:RE:The price of gold always go's down at end of the month
oldfx1 wrote: armordeck, you'll be a much better investor if you toss the manipulation approach and learn what drives the pm's sector. $yen and US ten year have made big moves off the French election results that is what effects the price of Gold. If you think $yen and US ten year is manipulated well you really shouldn't be investing. Have a look at $yens chart from DEc 2015 into the 2016 Aug high while FR climbed from $3 to $24, mirror image...I guess the manipulators took 9 months off, lol

Good luck


Oldfx is spot on.  I dumped all my miners last week & bought banks & insurance, which I'm now going to dump as well.  USDYEN has been on a rip since the election results.  Depending how high USDYEN is going to go will push the risk off trades (like FR) down quite.  Gonna have to let USDYEN hit some resistence levels before buying back any miners.  Oldfx1 you're the man!  
Bullboard Posts