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Bullboard - Stock Discussion Forum 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... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > What's changed
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Post by godisgr81 on Sep 20, 2023 8:11am

What's changed

I'm looking for a good entry and just wondering why the big drop in sp recently? Has the fundamental story changed with FR?  The technicals don't look good for FR as it's poking it's head below the trend line. I'm thinking this might be a good buy and hold until Q1 of 2024.  Any thoughts here?

Thank you.
Comment by Co2Harvest on Sep 20, 2023 8:07pm
As you may know, many of the miners have been in a downtrend lately so this company is in good company from that perspective. I have invested in this company for a few reasons but the most recent news of the mint is a big deal in my view and it's just one reason to be optimistic. I have been tempted to buy more shares this week and just might, but I'm not a technical trader, I'm a ...more  
Comment by BaldSilverHead on Sep 21, 2023 9:21am
R E C E S S I O N.
Comment by Stratocheif on Sep 23, 2023 5:16pm
 I read an article that there is a consensus among gold analysts that gold and silver will be down 20% in medium term....2 or 3 years out. If this is what major investors believe, is it any wonder all prescious metals miners are in the doghouse. Can't believe what I'm seeing. Most miners are trading where they were when gold was $1200 and silver $14. As Rick Rile once said....invest ...more  
Comment by BaldSilverHead on Sep 24, 2023 2:47pm
October 01,2023. 1.7 trillion in student debt becomes due (vs spent in economy) in addition to politics and the slow rolling over of economy ( Europe in recession, China slowing as well - its Global) people will sell everything stocks, real estate, and yes gold to pay their bills /debt. Until Powell feels your P A I N gold will fall and silver and other industrials will fall harder and stocks of ...more  
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