
TSE:AG
This summary was created by AI, based on 2 opinions in the last 12 months.
The reviews on First Majestic Silver (AG-T) reflect a mix of sentiments regarding its investment potential. While one reviewer appreciates silver as an asset, they suggest that they prefer other stocks, indicating a cautious approach towards silver investments. Another expert expresses concern over the volatility of silver and gold markets, suggesting that relying on these precious metals can be more challenging than investing in technology stocks that have more stable growth prospects. This second expert, who owns silver and gold, admits to having purchased at lower levels and expresses hesitation about allocating new funds to silver, preferring to invest in more reliable sectors. Overall, the sentiment appears to lean towards skepticism about current market conditions for silver, with a tendency to favor stocks that offer more assured returns over the long term.
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.