Guys this stock dump me last year when I tried to trade it. I got back in before as its a winner and the price is unbelievably low. I love these type of companies $MAG $SILV and $FSM.
It also has one of the most active and wise communities I know. It will establish base a couple of dollars higher easily.
Y
MAG.TO is down 5.79% to 22.28
Y
MAG.TO is down 5.45% to 24.30
b
God this stock is hot. Charts showing accumulation again. Best price action of the silver miners in the last two months
Y
MAG.TO is down 6.28% to 27.02
D
Mexican election: June 6. The Mirena party was expected to hold 190-203 seats(500 total seats) in lower house a decline of up to 60 seats well short of 2/3 majority required to push through President Lopez Obrador’s anti business agenda. The results will hinder his plan to return Mexico’s energy sector to state control. The Mexican peso rallied nearly 1%, one of the best performance among emerging market currencies suggesting the business sector was reacting positively to new checks on President Obrador’s power.
b
Scotiabank report on MAG Silver:
About the Canadian exploration and development company, Turnbull concluded, “We continue to recommend MAG Silver as a near-term emerging producer with projected all-in sustaining costs of half those of the operating peer group.” Scotiabank has a Sector Outperform rating and a US$28.50 per share target price on MAG, the stock of which is trading now at about US$21.49 per share.
K
$MAG Silver way overbought
J
The Company’s net loss for three months ended March 31, 2021 amounted to $3,662 or $(0.04)/share (March 31, 2020: $14,898 or $(0.17)/share). The Company recorded a 44% equity income pick-up of $632 (March 31, 2020: $4,687 equity loss pick-up) from Minera Juanicipio which included MAG’s 44% share of net income from the sale of pre-production development material losing .04 a share does not justify a 21 dollar stock price
b
Silj now is 9%+ in mag. They bought more mag, sold hecla, also first majestic has switched places with paas. So silj has been acquiring mag based on the most recent %
W
Mag will be at 14 by this Friday
z
Let's see if MAG can cross over $30 by end of June!!!
D
June 6 Mexico elections: WSJ article 5/24 President Lopez Obrador’s ....Morena party...which controls a simple majority in the Senate and two-thirds majority in the house could increase their seats. This would embolden President Obrador ambitions to return Mexico to the days of state monopolies in the energy business. No mentioning of the mining business in the article. Any thoughts? Started buying Mag two years ago and still long!!
T
I stand corrected. Apparently big banks still attempting to short silver to keep price suppressed. When will DOJ step in to stop this practice by banks?
s
$MAG Target Up Raymond James Financial Outperform CAD 27 Target Down National Bank Financial Outperform CAD 26.25
T
Big banks can’t afford to continue shorting silver. They are losing to much money. Silver price set to rocket up!
Wallstreetbets WSB talking about how big banks have been manipulating gold and silver miners for decades. Selling paper gold & silver to offset the price. STOP gold and silver price suppression by bullion bank practises, short selling in order to drive down the price is not fair & should be banned now. Suppression of the gold & silver price is not just a conspiracy theory. It's a well-documented phenomenon, with real actors and real ramifications. The FED has little room to manipulate interest rates and the market is beginning to realize that this is the end of the manipulation of gold and silver. With the removal of the uptick rule, banks and big institutions could short the gold and silver markets without the ability of buyers to get out of a position. By selling short on the paper market, price discovery got skewed far below where the real price should have been. GLTA Hope we will see free and fair market prices one day in precious metals stocks like $AG $PAAS $MAG $FSM $EXK Barrick $GOLD $GPL $NEW $MUX $AEM and many more ... power2thepeople, GLTA united forces with $GME $NAKD $BB $AMC ...
J
It surprises me that this company doesn't get a $30 buyout. So much going on and so cheap. Ever solar panel uses silver. You can't buy silver without huge premiums. Last time I seen that it was in palladium six months latter huge gains now its up it's 23 times.
B
Big gain today. Didn't see any news. Is the increase due to the possibility that processing thru the Fresnillo plant has begun? Guidance said 16,000 tonnes per month or ~500tpd would be processed until the new plant was ready in 2021. They already did a trial run with 8K tonnes in August so it wouldn't be a stretch to assume they have begun actual mining. The rerating may have begun!
D
Eric Sprott would not be investing in MAG if he did not see the Juanicipio Project as a total winner. There was 86 million shares outstanding with no warrants, up till now. With Sprott's 4.5 million share private placement this represents a 5.2% dilution. The money to complete this project has to come from somewhere. Judging by today's market reaction this was a great move. First pour should be in third or fourth quarter this year. Also, the fact that this is a joint venture with Fresnillo (a mexican company) mitigates some of the political risk. Fresnillo has been incredible in the construction of this mine!
It also has one of the most active and wise communities I know.
It will establish base a couple of dollars higher easily.
The Mexican peso rallied nearly 1%, one of the best performance among emerging market currencies suggesting the business sector was reacting positively to new checks on President Obrador’s power.
About the Canadian exploration and development company, Turnbull concluded, “We continue to recommend MAG Silver as a near-term emerging producer with projected all-in sustaining costs of half those of the operating peer group.”
Scotiabank has a Sector Outperform rating and a US$28.50 per share target price on MAG, the stock of which is trading now at about US$21.49 per share.
losing .04 a share does not justify a 21 dollar stock price
President Lopez Obrador’s ....Morena party...which controls a simple majority in the Senate and two-thirds majority in the house could increase their seats. This would embolden President Obrador ambitions to return Mexico to the days of state monopolies in the energy business. No mentioning of the mining business in the article. Any thoughts?
Started buying Mag two years ago and still long!!
Target Up Raymond James Financial Outperform CAD 27
Target Down National Bank Financial Outperform CAD 26.25
Suppression of the gold & silver price is not just a conspiracy theory. It's a well-documented phenomenon, with real actors and real ramifications. The FED has little room to manipulate interest rates and the market is beginning to realize that this is the end of the manipulation of gold and silver.
With the removal of the uptick rule, banks and big institutions could short the gold and silver markets without the ability of buyers to get out of a position. By selling short on the paper market, price discovery got skewed far below where the real price should have been. GLTA Hope we will see free and fair market prices one day in precious metals stocks like $AG $PAAS $MAG $FSM $EXK Barrick $GOLD $GPL $NEW $MUX $AEM and many more ... power2thepeople, GLTA united forces with $GME $NAKD $BB $AMC ...