EdmundShing
Long

AG A good play on a recovery in the silver price

NYSE:AG   FIRST MAJESTIC SILVER CORP ORDINARY SHARES (CANADA)
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Silver             miners have fallen sharply - supposedly $18/oz is the all-in avg. silver             production price in 2014. T $16/oz, there is a good chance that silver             production will decline just as physical demand e.g. in India and the US is picking up, which could drive the silver             price back up to at least $18/oz. AG is one of the best and lowest-cost silver             producers, ad thus should get a leveraged benefit.
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