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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 Crashcomingsoonon Feb 02, 2021 1:22pm
301 Views
Post# 32448027

Schwab making Silver Mining share unmarginable

Schwab making Silver Mining share unmarginableI have an account with Schwab and I got a notice this morning that my silver stocks are unmarginable effective yesterday. I have used stocks like FR for margin for years and now Schwab says they are not marginable "due to the volatility". I can meet the margin call, but the net effect of making these stocks unmarginable will be to drive the shares lower. Talk about a manipulated market !!!
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