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Bullboard - Stock Discussion Forum 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... see more

TSX:FVI - Post Discussion

Fortuna Mining Corp > Share Price
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Post by georgemarch on May 24, 2024 6:46am

Share Price

I'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??
Comment by Stratocheif on May 24, 2024 7:42pm
Fortuna seems to be weathering the west Africa anxiety quite well. Look at B2 gold. Thier sp hasn't budged and they are a great company but also in West Africa. Back in 2021 I was inspired by an interview I saw with Eric Sprott and I dumped about 200k into gold stocks. Unusual for me to put that much in one sector. I was late in that cycle but did quite well making about 40% gain on the 15 or ...more  
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