
TSE:AG
This summary was created by AI, based on 2 opinions in the last 12 months.
First Majestic Silver (AG-T) has garnered mixed reviews from experts in the field. One expert appreciates the potential of silver but expresses a preference for alternative investment options, labeling it a good speculative opportunity. In contrast, another expert highlights the volatility of silver and gold markets, indicating a lack of confidence in relying on investor appetite for these commodities. This expert, who owns silver and gold but purchased at much lower price points, suggests that new investments would be better directed toward more stable sectors with reliable long-term growth prospects. Consequently, while some investors find value in silver, others caution against its unpredictable nature and prefer investments in more certain industries.
Of the small silver producers, this is probably his favourite. He is particularly attracted because of its volatility to selling Puts and Calls around a core position and monetizing that volatility. Reasonable balance sheet and good free cash flow. Have shown the ability to acquire, explore and exploit. Probability of them acquiring a private silver mining company in Mexico is very, very good in the next 12 months.
They are suffering from the same ailments as all the other silver companies. He is not adding to it. Prefers Silver Standard. Average down slowly.