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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 prouditalianon Jan 28, 2022 5:44pm
597 Views
Post# 34373299

took a big position

took a big positionthis is an exact repeat of end of 2015- Jan 2016...
I was buying FR in tax loss and took a very large position...maybe a bit early,...Jan 2016 was not a great time...but then FR went up 4X in 6-8 months.
We are at bottom or incredibly close.
Long 100k shares at 12.20 cost as have been buying the last few days.
I will buy another 50k, hopefully below 12 over the next 5 days starting Monday...10k a day.
Load up folks for the massive ride that is coming ion the next 8-12 months. 
Bottom is here or just around the corner...dont get greedy hoping for way lower prices as you will miss the boat. GL

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