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Fortuna Silver Mines Inc T.FVI

Alternate Symbol(s):  T.FVI.DB.U | FSM

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

Post by Farquaron Jul 29, 2022 12:08pm
414 Views
Post# 34860252

10.5 million shorts need to be bought back

10.5 million shorts need to be bought backThe latest short report for this stock shows a whopping 10.5 millions shorts on this stock up till July 15th... How greedy can these shorts be? They still have not covered their shorts! They should have covered by this time but they may have misplayed their hand as the bottom may be in for the gold price...If the gold price keeps going up from here the shorts are going to get squeezed and FVI will shoot up like a rocket in a very short time... I am not sure if those 10.5 million shorts are just the canadian shorts because there are close to 10 million shorts on the USA side too ..If both countries' shorts are counted separately then that would be 20 million shorts that need to be bought back....
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