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Bullboard - Stock Discussion Forum First Majestic Silver Corp AG


Primary Symbol: T.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... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Monkey hammer comes down
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Post by mouserman on Feb 02, 2021 11:09am

Monkey hammer comes down

Unfortunately the LME,CRIMEX and big banks are flexing their muslces and showing the REDDIT crowd, this is not the same as taking advantage of the stupidly naked shorted GAMESTOP , where limited paper can be sold after you have already naked shorted more shares than ther is OS on that stock.
IN the world on silver and gold the paper price is set by the futures, and big banks with unlimited margin can short the paper to infinity. Doesnt even matter than you cannot buy a single silver coin from any mint in the world....
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