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MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp.


TSX:MAG - Post by User

Comment by Retiredgeoon Jul 16, 2024 7:16pm
62 Views
Post# 36135785

RE:Not a Bad day today

RE:Not a Bad day today If you look at the one month chart MAG has gone parabolic in the last few days.  That is usually a bad sign.  Where the top of the peak is I do not know but I am expecting a correction at any time (worse than Monday morning!).

Silver is not following gold to any great extent.  I suspect that a lot of the hype for gold stocks is spilling into MAG.  That will not last.

I'm not ****ing on MAG.  I just think that it has gone up too far, too fast for the wrong reasons.
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