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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

Bullboard Posts
Comment by mahoonon Nov 07, 2008 4:29pm
631 Views
Post# 15573362

RE: not many posts

RE: not many postsit really has no effect on me who is dumping shares, when i look at this company and see that it has 41 million dollars in the bank with no debt,  an operating mine with positive cash flow in Caylloma and a soon to be mine with excellent reserves in San Jose, i feel fairly comfortable waiting for the upswing in silver again. Also i wouldn't be surprised to see another aquisition in the near future as there are some AG companies with serious cash shortages right now( i'm sure management is putting out the feelers ) . If these guys keep selling , i'll keep picking away and biding my time. 
Bullboard Posts