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Fortuna Mining Corp T.FVI

Alternate Symbol(s):  FSM

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan. The Seguela Mine in Cote d’Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits, which will be mined via open-pit methods. Its Yaramoko Mine is in the Hounde greenstone belt region in the Province of Bale in southwestern Burkina Faso. The Lindero Mine is in Salta, Argentina. The San Jose Mine in the Taviche Mining District, Oaxaca, Mexico, produces silver and gold. Caylloma Mine in the Caylloma District of Arequipa, Peru.


TSX:FVI - Post by User

Bullboard Posts
Post by Lousytimingon Mar 20, 2008 2:31pm
557 Views
Post# 14755231

great company!

great company!In the juniors, FVI really stands out.  I got in 2 years ago at 1.80 and have done a round trip with it since then. 

It just shows you what a terrible bear market the juniors have been in because fvi is a much better company now then when I first baught it.

They aquired their mine in Peru for a steal and put it into production at breathtaking speed.  They are profitable now and have great growth coming along in Mexico.

Its hard to know how long these corrections will last.  Who would have thought when gold and silver started to lift off in November that our share price would be at 2 year lows in March?  I just have to think that if we buy at good prices, we will at some point be vindicated (hopefully sooner than later).

Anyway, I've been wrong before but I love this company.  I think it is one of the best juniors and I think the market is completely missing it.  Time will tell. 

I baught 3000 shares today at 2.01 and 2.02  to bring my total to 10,000.


Bullboard Posts