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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

Comment by georgemarchon Jun 15, 2021 8:53am
570 Views
Post# 33387230

RE:Financial suicide

RE:Financial suicideWell wife and I voted for the agreement.

Rational? 

I've been watching the price of silver and gold for the past 15 years. I originally got into silver stocks and FVI because I believed silver price was going to take off compared to gold and it still hasn't. I think FVI management was wise to focus on gold and its role it plays as a commodity and the value (money) it is to central banks who continue to purchase. Gold prices continue to move hiigher and Fortuna continues to increase gold production.

Silver prices never panned out as I thought they would. Heard all the arguements for it and have grown weary of waiting. For those who still believe that alternatives to fiat currencies play a investment role and are skeptical of cryptos, gold is a better choice now than silver. 

Do I have have some concerns with FVI? Of course. Just have to continue to climb the "wall of worry". Based on what Fortuna has made for me over the years, I'll keep climbing.
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