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Bullboard - Stock Discussion Forum 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... see more

TSX:MAG - Post Discussion

MAG SILVER CORP. > Analysts
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Comment by Jetboy1 on Sep 13, 2024 2:38pm
Looks like we are finially heading out of the slump we have been in we could hit 20 Can maybe even today .Mag should be in the mid to high 20ies reguardless. Personally with our low share float and the grades Mag has we should be in the 30ies and beyond. JB
Comment by Retiredgeo on Sep 13, 2024 3:40pm
I agree with you long term.  In the short term I have a far more pesimistic view.  Silver and Gold are skyrocketing on rumors of a 50 point interest rate cut from the FED.  That has sent the entire precious metal sector higher.  If and when gold and silver correct MAG will plummet like a rock (again).  I have sold my position for now and will buy it back at the next low ...more  
Comment by Jetboy1 on Sep 13, 2024 6:00pm
I agree to a point I have lots of Mag and will continue to hold will see when the fed rate is set I doupt it will be a 50 point cut allthough if it was i bet that would be the end of rate cuts for 2024. JB 
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