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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

Comment by McBabbleson Dec 09, 2022 2:21pm
273 Views
Post# 35162380

RE:Silver Stocks

RE:Silver StocksI think that the markets overall are ripe with fear and as a lead up to December folks are going to the sidelines (because of the risk/fear or even for tax reasons).  How I've viewed my gold/silver stocks is that they have been steadily increasing, but when there is preceived bad market news (e.g fed, CPI or interests rates are going up), these stocks slip, but not as much as other sectors of the market.  In fact, I look to see if there is an overreaction and I would say that silver and gold have stayed away from the market overeaction for the last few months.  I think this bodes well for next year as buying starts up in Feb/Mar
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