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.

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First Majestic Silver Corp

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Post by Crashcomingsoonon Feb 03, 2021 11:17pm

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Post# 32467312

SLV Tuesday inflows

Silver ekes out gain as market calms; silver miners extend losses (Commodity:XAGUSD:CUR) | Seeking Alpha

My Comment : BUT does this really mean more physical is being bought by SLV given that JPM is the custodian (see my previous post).

Meanwhile, the iShares Silver Trust (SLV +1.6%) attracted a record ~$1.7B inflows on Tuesday, shattering the previous all-time high set last Friday, showing how the largest silver ETF has been at the center of recent silver market volatility.