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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
Post by Briocheon Apr 18, 2018 2:28pm
98 Views
Post# 27906140

Chats for the days coming

Chats for the days coming 1)  no news in general  , gold very stable , silver very strong . So it seems to be a squezze from the spec .
2) good vol for silver stocks , but weaker everyday for goldstocks
3)the Commercials  are neutral and with Jpm having hundreds oz of silver ,so  they can wait for a long time before playing short again . 
4) lot of topping candles close to overbought territory . (Not reversal for me )

That doesn't help too much . 

But the most interresting is the absolute break down of the Gsr on a weekly basis ( macd VERY clear ) Of course we need 2 more days to confirm . And that means a lot. 


Bullboard Posts