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Fortuna Mining Corp T.FVI.DB.U


Primary Symbol: T.FVI Alternate Symbol(s):  FSM

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 Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan. The Seguela Mine in Cote d’Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits, which will be mined via open-pit methods. Its Yaramoko Mine is in the Hounde greenstone belt region in the Province of Bale in southwestern Burkina Faso. The Lindero Mine is in Salta, Argentina. The San Jose Mine in the Taviche Mining District, Oaxaca, Mexico, produces silver and gold. Caylloma Mine in the Caylloma District of Arequipa, Peru.


TSX:FVI - Post by User

Post by georgemarchon May 24, 2024 6:46am
168 Views
Post# 36055342

Share Price

Share PriceI've been pleasantly surprised by how gold prices have stayed high. There is much talk about how gold will go to $3000. I've said this before, but the key to a higher sp for FVI is a sustained high gold price. Once the market senses a steadier stream of cash to the botton line, money will flow into Fortuna. The caveat I still have is the political situation in West Africa. Assuming things continue as they have with pm prices moving steadily higher I don't see how the share price can't move to the $15 - $20. I've sold some shares in the past just shy of $12 so I would love to hear an arguement against sp going significantly higher. Was the easy money made already ... 2016?... 2020??


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