RE: Is there something wrong here ?I agree. Market sentiment is horrible. People are burning the furniture to heat the house. I don't blame people for scrambling for liquidity in this terrifying market.
The good thing is while gold and silver are down hard today, FVI seems to be doing OK. I'm not much of a technical guy but could this be what they call a bullish divergence? I hope so. I've noticed that a few of my junior producers may be starting to show some early signf of life. We'll see.
The good thing is FVI should be able to get through this fine if there are no dilutive financings. Anyone who has to finance in the near future is cooked. It seems to me that last Winter FVI had 50 million in the bank. Can anyone confirm this?
It will be interesting to see when the next financials come out what their burn rate is for San Jose and whether they are starting to turn a profit at Cailloma.
Good luck everyone!