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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 BaldSilverHeadon Sep 27, 2023 10:50am
163 Views
Post# 35656818

RE:Any idea on price support

RE:Any idea on price supportI see 1.75-3.30 (could possibly go sub dollar if it gets ugly) either at tax loss season or March 24 when trillions will need to be refied at lower interest rates. It will go way down from here til approximately March 2024 but will then recover and climb way above these levels. You can sit and wait if your time horizon is long enough and your pain / stress level can handle it. Otherwise move to cash before 2 Oct (possible black Monday part deux). Just my opinion - everyone's got one. Good Luck!
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