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

Bullboard Posts

Post by VentureTrader1on Jun 15, 2018 9:46am

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Post# 28177038

Could be tough

...for FR to stay in an uptrend with the PMs as a whole looking so bad. The Australian dollar and Yen were signalling the general PM reversal. FR still looks ok right now but the sector as a whole looks pretty bad, unless this turns out to be a giant fake-out. But absent a big reversal mid-day for gold and silver this looks like a bad time to be holding PM stocks.

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