Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Fortuna Mining Corp FSM


Primary Symbol: T.FVI Alternate Symbol(s):  T.FVI.DB.U

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and... see more

TSX:FVI - Post Discussion

View:
Post by crow27 on Dec 15, 2020 5:21pm

Once

Fortuna gets this brand new plant running smoothly then the profits will be huge. It just takes time to fine tune these mines but once that's done it will be one of the cheapest all in cost mines around and with gold and silver going up in the months and years ahead this could easily be a $20.00 - $30.00 stock.
Think a few quarters out and not just next week as a timeline.
Think more stimulis and weaker American dollar and that is a formula for much higher Gold and Silver prices and Fortuna is coming together at the perfecr time. It actually could not be better.
Buy on the dips and give them the time to fine tune this BRAND NEW mine.
Comment by SKRiderFan on Dec 16, 2020 10:48am
Crow I agree with most of the things in your post But think you are low balling at 20 to 30 share price given that in 2017 the POG was around 1200 when construction began. In 2016 the POG hit a low of around $1000 and still FVI went ahead, if they were profitable at $1200 then they will be rolling in money at 1800 and beyond.
Comment by crow27 on Dec 16, 2020 1:32pm
Agree, but from this price point $20 to $30 looks mighty fine. I believe as time goes by and Gold and Silver rise into that $2,500 plus range/ $40-$50  plus range then you are right as the profits will be to the moon. I guess my point is that one should not get scared out because the commissioning is taking longer than one might expect. I have commissioned a few mines and experience ...more  
Comment by SKRiderFan on Dec 17, 2020 12:34pm
There are other things to consider the PM sector is cyclical in nature and in the last cycle silver hit 48 and there are higher highs and higher lows so I expect silver to go mucher than 48. The other thing is the gold to silver ratio which hit a high of 120 this year and is currently sitting at 72, still a ways to move to the more historical (40?). this bodes well for FVI silver mines. Enjoy ...more  
Comment by crow27 on Dec 17, 2020 1:34pm
I also see Silver making new highs on this bull market that we are in. The funny thing with FVI is that once they get Lindero all tuned up and pumping out the gold then they actually should change their name to Fortuna Silver and Gold. I don't really care what they call themselves as they are going to be pumping out the cash flow and shareholders are going to see the SP take-off. It's only ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities