Fortuna Silver Mines Inc T.FVI

Ivory Coast & FVI

[georgemarch]

In Ivory Coast, French oil and gas giant TotalEnergies is entering into a new partnership with Canadian mining operator Fortuna Silver. The aim is to equip the new Sgula gold mine with a 6 MWp photovoltaic solar power plant.

https://www.afrik21.africa/en/ivory-coast-totalenergies-to-connect-the-seguela-gold-mine-to-solar-power/

[Curbside100]

This stock is humming --I am finally back in the black after purgatory 

[harvester]

You and me both. 

[ozkan123]

I'm not quite there yet but fairly close to breakeven.  I was thinking of selling and say that's enough punishment but had a look to see the last time we had this kind of rise.  I'm not tech analyst but looking at from mid-April to end of May in 2020 seems eerily close to last couple of weeks.  I realize the circumstances were different in 2020 but still the chart looks

[goldmanforever]

we have been living in the dog house for far far too long  Time to move to the PENTHOUSE!!

[georgemarch]

I wouldn't get too caught up in Fortuna's chart. I think it can move up to $10 but it's because the price would be justified by earnings for the next 2 quarters. Not the past. The key is the price of gold needs to move up slowly convincing potential investors that higher prices are here to stay. Too much focus on the top for gold in 6 months, 1... 2... years. No debt and making cash

[ozkan123]

you're right, am not too caught up, was just an observation.  I'm also thinking that the shorts are also probably somewhat responsible for the depressed price.  As you've said, If price of gold does stay up at these levels for quarter or two with good earnings then a short squeeze might occur (probably occurring now)... But if they're not going to make good profits with

[Curbside100]

Back to $12 ???

[harvester]

After a couple years of mediocrity i've finally smiled.