First Majestic Silver Corporation (AG) Quote

Forced intentional recession. Big tech, plenty of money to buy back its own shares year over year, but laying off employees by the 10s of thousands.

A recession with inflation? Weimar Republic style… 🥹

Inflation 2.0

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=AG&insttype=Stock&freq=1&show=&time=4

First-Majestic-acquires-$1B-silver-miner. First-Majestic-way-undervalued-at-$1.5B-market-cap.

First Majestic Announces Agreement to Acquire Gatos Silver
September 05, 2024

https://www.globenewswire.com/news-release/2024/09/05/2941218/0/en/First-Majestic-Announces-Agreement-to-Acquire-Gatos-Silver.html


Approx 58% dilution by adding approximately 176,817,000 AG shares, as First Majestic Silver acquires an operational $1 Billion dollar silver mining company asset in a favorable mining region (Mexico).

Seem very strong news.

SOCIALISM & SILVER

Heading to Power Nickel.

A lot of Samsing e-car batteries are going to get stolen.
At $30 oz. silver that's $1,058 per kilo. Double that with silver at $60/oz.
Triple that at $90/oz silver. Quadruple that $120/oz silver.
A $1k to $4K car battery just in internal silver alone will motivate a shift from or to be included with automobile catalytic converter thefts.
You heard it here first.

Boost to silver use -- “The key drivers that will ramp up demand for EVs are range, charge time, battery life and safety,” Bambrough said. “Samsung's new solid-state battery technology, incorporating a silver-carbon (Ag-C) composite layer for the anode, exemplifies this advancement. Silver's exceptional electrical conductivity and stability are leveraged to enhance battery performance and durability, achieving amazing benchmarks like a 600-mile range and a 20-year lifespan and 9-minute charge.”
He noted that while official numbers are currently unavailable, estimates show that there could be as much as five grams of silver per cell in Samsung's solid-state batteries, meaning “a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”
https://www.kitco.com/news/article/2024-08-19/silver-set-soar-samsungs-solid-state-battery-breakthrough-analysts

Ault will destroy this…do your dd

$4.43 gap from Feb. 28th closed today intraday.

Glad I dumped this in the $5.80's wow.

Have an advisor who said that too

imo this will be a great investment over the coming months.

Slam dunk if RFKJr replaced Biden. He already draws more from trump crowd that the biden crowd.

She would be a 3 time loser IMO

Anyone speculate what ifs if Hillary replaced Biden?

If decent enough. a good way to hedge the economic mess brewing

Interesting selling pressure premarket w/ obviously bulls taking back control @ipen. Will take a bit deeper look as time allows in the coming days for catalysts (for today’s slight reversal), news & expected forthcoming(s). GLTU

6.15 not heavy.more investment from politics

I believe in Keith. Watch your entry point and you’ll do fine IMO.

Not

New here. Was suggested as a safer silver investment. How does anyone feel?

The Ault flush in effect

I think the profit taken is over now, it should get the next leg up

Yeah AULT will kill this quickly!!

Its happening faster than i thought

$34.76, I'd say. From mid-Aug. 2012.

There is no resistence for silver after $30, next stop would be $50

$10 for sure soon, $14 is very possible mid term. Good luck all.

https://www.zerohedge.com/markets/why-powerful-silver-bull-market-may-be-ahead

Silver has a long way before hitting a top

Looks like Gold and miners reversal. Correction here for a few weeks then up again into summer.

AG new 52 hi

$10 soon?

We have seen a nice move up on increased volume.

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=AG&insttype=Stock

#AG: THE BEAST IS WAKING UP....

Pretty shocked that nobody's talking about this stock here. Some of us are making a killing right now!

Agreed

Now you see why I didn't care about that chart. I pay attention to a lot more info than just the stocks weekly. This stock has to do with Gold and silver. We will see $10.00 soon

If you look at the weekly chart, you will see the stock continues to make new lows and the downtrend line of the highs has not been broken. The only postive is the OBV bottomed in June/July time frame has a slight uptrend.

20% in 2 weeks. I'll be riding these waves on the way up or down.

That MACD is in an uptrend in clear positive-divergence.

It is still in a downtrend as are most silver stocks.

$AG vroom vroom.

Bottom V formed. This stock is going to do very well.

Double bottom formed here. Nice time to add under $5.00 heavy for long term gains. $AG

Surging Silver demand for renewable energy, EVs is outpacing supply, creating major deficits. Solar, wind and millions of EVs could require over 5 million tonnes of copper and 2.5 billion ounces of silver by 2030. Investors should monitor supply trends. http://twitter.com/silverbars $AG

Agree. And AG shorties taking opportunity.

I think yesterday was an over reaction. Silver will be up overtime with all the geopolitical conflicts.