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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 laffinatbaggieson Apr 26, 2017 4:22pm
324 Views
Post# 26170582

RE:RE:RE:laffinatbaggies

RE:RE:RE:laffinatbaggiesEveryone uses some type of metrics for currencies and gold. I don't feel that BOJ has much influence on the price of gold.  Gold has a near term ceiling of $1320, but has to re-test $1080 on it's way to be sub $1000. I have been a long in gold/silver many times, including the run up from end of 2015/start of 2016. After profits were taken last summer, I started to short overvalued precious metal stocks. That was the play then and will wait until gold is below $1000 again.

As a Canadian, I wish the vidal sassoon spokesperson (justine) would quit hammering the taxpayer with massive debts. But you see him with a photo opp everywhere.
Bullboard Posts