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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 Nov 15, 2023 9:48am
225 Views
Post# 35736567

RE:RE:RE:RE:RE:FR The Dog from hell!!

RE:RE:RE:RE:RE:FR The Dog from hell!!Oh I was just saying that as an explanation of why metals and for the most part all equities head south in a recession, bills and mortgages still need to be paid, and what if I got laid off?  I'm sitting in cash earning close to 5% very unrisky. This pump and dump by metals and equities that reamed some shorts yesterday will fade in time. Again all in my little mind (opinion).  I still believe a recession is here and will only get worse into first quarter and any aggravation in middle east will reintroduce oil inflation. Sadly despite da guv ments numbers. Nothing has changed. Mortgage rates are high. Bankruptcies are increasing, and monetary liquidity is drying up. So fiscal liquidity is keeping this whole show going and going. I ain't buying it. I'll wait on sidelines until s and p go thru 3000 and Powell pivots by at least 50 basis points. Then you'll have a 12 month boom ( I think last one for some time )  then it'll be hunker down time. A return of my money vs on my money. Until the us $ has a backing. Feel free to differ. 
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