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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 12, 2020 1:13pm
154 Views
Post# 31398855

RE:Heywood Silver...how'd your opinion/ego work

RE:Heywood Silver...how'd your opinion/ego work Your question is like asking an apple farmer how did his lemon crop turn out this year.  I don't day trade, ergo I don't care about paper losses or gains.  I also don't have to stay glued to a pc 8 hours a day nor worry about annual tax planning and estimated quarterly filings.

If you enjoy day trading, more power to you and I wish you well in your endeavours.  It is not a job nor lifestyle I would prefer personally.

I have a long term strategy, will take profits (not losses) when ready.  Truth be told, I am likely going to exit AG due to the fact that KN doesn't believe in paying dividends.  But, that is a rather deep discussion involving financial theory and the stock market, etc.

What I do know is that AG should break $20 by the end of the year, but this is not some earth-shattering prediction either.
Bullboard Posts