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Bullboard - Stock Discussion Forum 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... see more

TSX:FVI - Post Discussion

Fortuna Silver Mines Inc > Share Price Moving Up
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Post by georgemarch on Oct 14, 2023 9:26am

Share Price Moving Up

Central bank buying will drive gold over $2100 next year - TD Securities' Melek


Headlines above reflect what the industry forecasts and really needs. Higher gold prices. Fortuna and PMs will benefit. 

- inflation is slowing
- Fed is basically done 
- average US house price has doubled since gold bottomed (2013-2019) at $1200

Looks like gold goes higher. Fortuna's production increasing resulting in higher earnings. Share price goes up to reflect earnings with hopes of future dividend. 

Just want to stay positive.
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