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Message Boards Settings FIRST MAJESTIC SILVER CORP (FR.TO) - Quote Info
Avg. daily volume increasing     29-Oct-09 11:59 pm    
I notice First Majestic is trading towards a million shares a day recently. Only four trading days between Sept and Nov 2008 breached the .5 million mark; look at the last few months!
No doubt there's some traders and accumulators moving in, as we nearly traced the majors' decline/advance the last week; which I take as a sign we'll move up smartly on the good news soon to come, should the silver price and general markets hold together.

It would be nice to reach the $5 area and prepare for a major breakout in Q1, 2010 when La Encantada should be nearing full production and FR posting some record growth in cash flow. We made the same $3-5 move back in Oct-Dec 2007; prior to the La Encantada expansion costs coupled with a market implosion; lets hope the market is a little more aware of the merits of a highly leveraged producing silver stock this time around, LOL.


Sentiment : Strong Buy
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silverseeke...

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Avg. daily volume increasing
silverseeke... (1 Rating) 29-Oct-09 11:59 pm  
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(FR.TO)

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At 9:36AM ET: 3.60 0.00 (0.00%)
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