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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 DRILLFILLBILLon Jun 22, 2019 2:05pm
211 Views
Post# 29852733

Can We Take Out $26.88?

Can We Take Out $26.88? I think we can.   All the variables are different from 2011 and even 2016.   Every Central Bank around the world is easing.  That wasn't happening in 2011 or 2016.   Something is spooking the Central banks.   They see trouble ahead, because they wouldn't be talking about rate cuts if they thought there was smooth sailing ahead for the worldwide economy.   Next point: Gold and the Dow are going up at the same time.   The legendary Richard Russell, creator of The Dow Theory Letters, said whenever you see this happening, you should be VERY scared.  He says that one of these is wrong....is it gold or the Dow??   Does anybody on this board feel 100% confident in buying the Dow at these levels, and be wanting to hold for the next year??   ANYONE?!?!!   I know I dont.   FR.TO moves with incredible velocity.   I own shares that I'll never sell until this gold bull market is over.  I recommend buying call options on FR.TO for leverage.   I've owned calls since February.   I think this is the best way to play gold/silver.   Buy January 2020 or January 2021. 
Bullboard Posts