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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

Post by tictactoe111on Jan 28, 2021 10:33am
226 Views
Post# 32408848

Wallstreetbets

Wallstreetbets
FYI the vast majority of wallstreetbets investors are probably still in bed lol. When they wake up they'll buy the dip for tomorrows open. YOLO, why waste it by leaping out of bed!

We should have a profit tsunami coming into silver and equities over the next week or two as the brokerages shut down the likes of AMC,GME etc etc. You must apparently own a house in the Hamptons if you want to trade these now.

Wouldn't it be great if we flush the short position into a bailout so we can see who it is! I'm curious.

Is it an extra $200m profit for First Majestic for every $1 rise in silver?

 

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