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 Monkeydonkeyon Aug 17, 2017 10:20am

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Post# 26591444

RE:RE:RE:RE:RE:RE:RE:RE:global silver miners 2016 vs 2017

For the record i didnt own AG at 24, just started buying at 9 a few months ago. Tempted to buy some more (while cashing in other gains).

I do switch between positions. Just dont trade on technicals, more on fundamentals.

Why sell at 50, and not at 100? Why cash in 500% gain if you can get 1000%? I make those decisions on how a company is performing, not on what the stock price does.

Btw Hui/gold/silver on the verge of breaking out? Or do we get a suckerpunch again?
I sense people are getting pessimistic, maybe this time its go time like 16months ago...

GLTY2

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