
TSE:AG
This summary was created by AI, based on 2 opinions in the last 12 months.
First Majestic Silver, represented by the symbol AG-T, garners mixed opinions from experts in the investment community. One review highlights an affinity for silver but suggests a preference for a different investment, indicating a level of skepticism regarding the stock's potential as a speculative option. Meanwhile, another expert notes recent declines in both gold and silver markets, pointing out the challenges of investing in precious metals compared to more stable sectors like technology. Although they hold positions in silver and gold, the latter expert expresses a preference for investing in more reliable industries with predictable long-term prospects. Overall, the reviews reflect a cautious sentiment about the stock's future, emphasizing the importance of investor sentiment and market trends in determining its performance.
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.