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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
Comment by Heywood_Silverson Aug 03, 2019 9:35pm
68 Views
Post# 29992552

RE:RE:RE:RE:Silver down .45

RE:RE:RE:RE:Silver down .45 True, the traders are in an out for a quick % gain.  The ones who truly profit big time on the PM sector shares are the ones who buy for a quarter dollar and then sell down the road to the traders who get giddy with a 25% gain from $8 to $10.

You can make $$ both methods (investing and trading) but it is less stress, work, taxes paid and brokerage fees paid if you research the winners, get in and have patience while they turn into 10 baggers or higher.  Hence, I highly favour investing.

Of course, there is always the outlier where your stock goes up so much quicker and higher than you expected that you take your gains and invest them in the next pony running the long race, but in general the average joe is better off investing IF they due their proper due diligence and have a game plan for exit points down the road.
Bullboard Posts