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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 > Pfff
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Comment by stocktraderguy1on Jan 13, 2021 6:28pm
118 Views
Post# 32288221

RE:RE:RE:RE:RE:RE:RE:Pfff

RE:RE:RE:RE:RE:RE:RE:Pfffeven in the march lows at 7.7 a share they didnt try and cover 25 mil shares... "let it ride" they scream..

check the 10 mil shorts added in Sept  ran the price down from 12.5 to 9.5....

but they never covered.. now the short sales are piling up like cord wood... about to start a fire....

https://www.marketbeat.com/stocks/NYSE/AG/short-interest/

looks like it was a mistake to keep running the shorts so far... the hedge only works if your not shorting into a squeeze...
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