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 Silverbullet1976on Jan 25, 2018 5:22pm

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Post# 27435975

RE:Late afternoon freefall,,,,Trump US$ comments

Hey Oldfx
I hear you on the dollar but to me it seem this will be a short term rally in the dollar dont you think once it broke support at 91.85 it was dropping like a stone. Don't you think they are just trying to talk it up now to slow the fall.
Everywhere you look countries are dumping it, now even Germany is talking less dollars and more Yuan in their FX reserves. China says they are going to cut back or even stop buying treasries, Japan is now slowing its purchases.
I can see it getting stronger if the Fed pulls off its rate increase back to support but long term I just cant see it.

Your Thoughts?

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