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Fortuna Silver Mines Inc FSM


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

Fortuna Silver Mines Inc. is a Canada-based precious metals mining company with five operating mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, Peru, and West Africa. Its operated mines include Caylloma Mine, Lindero Mine, San Jose Mine, Seguela Gold, Yaramoko Mine, and Diamba Sud. The Caylloma mine is located in the Caylloma mining district, approximately 225 kilometers northwest of Arequipa, Peru. Its San Jose Mine produces silver and gold. Its Caylloma Mine produces silver, gold, zinc, and lead. The San Jose Mine is located in the Taviche Mining District in central Oaxaca, southern Mexico. The Yaramoko Mine is situated in the Hounde greenstone belt region in the Province of Bale in southwestern Burkina Faso. The property is located approximately 200 kilometers southwest from the capital city of Ouagadougou. Its Seguela Mine in Cote d'Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits. The Lindero Mine is in the cold and dry Argentine Puna.


TSX:FVI - Post by User

Comment by PeterThomason Nov 13, 2021 5:08pm
413 Views
Post# 34123760

RE:RE:Banksters led by Cannacord mauled the price

RE:RE:Banksters led by Cannacord mauled the priceYes, I also noted the timing.   SELL signal came about 1 hour before the CC, then this same guy was first in line to pour salt in the wound during the Q&A.  Then he put himself back into the que to ask more questions.  Furthermore, another issue came from another analyst who peppered the managment on Lindero's start-up progress.  Company came across badly on this issue due to poor communication (language).  Jorge insisted they were in line at 80 % availability which I think he meant would ensure the guidance, but the analyst kept pushing for time frame/date to get to 100%.  Jorge said finally that would be in Q2.  However, they will be higher in Q4 at Lindero than Q3 so I'm thinking 26-28K.  A big positive on Lindero that most peole missed was that the grade was 1.1 g/T vs. 0.95.  That is a huge improvement that we are told will continue into Q4. They need to make some more tweaks, as foreign engineers are received, but what operation doesn't in early years.
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