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Fortuna Mining Corp T.FVI

Alternate Symbol(s):  FSM

Metals & Mining Silver
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

Fortuna Mining Corp
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Comment by eebleron Apr 07, 2011 6:33pm
543 Views
Post# 18401702

RE: Big move today on

RE: Big move today on

FVI was highlighted by the alert system associated with my trading account as having the following TA and chart events:

View Event Date Event Opportunity Type Close at Event Target Price Range
Apr 06, 2011 Price Crosses Moving Average (21-day) Short-Term Bullish $5.43 n/a
Apr 06, 2011 Continuation Diamond (Bullish) Intermediate-Term Bullish $5.43 $6.70 - $7.00
Apr 06, 2011 Pennant (Bullish) Short-Term Bullish $5.43 $6.60 - $7.00


With a close over a key moving average and confirmation of a corresponding breakout from two classic bullish chart patterns, I can guess that mine wasn't the only system generating this type of alert. With the target price range suggesting 20%-30% upside in the short/intermediate term, that is going to draw a lot of new interest very quickly.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities