Fortuna Mining Corp T.FVI

Alternate Symbol(s): FSM

Metals & Mining Industrial Metals & Minerals

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.

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Fortuna Mining Corp

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Post by yoda2on Nov 25, 2013 12:40pm

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Post# 21938668

Is there a significant drop in Au 2013 guidance?

The Nov 25 press release says that for the San Jose mine:

" projects to be 10 to 12 percent below guidance of 20,900 ounces of gold for 2013."

The 20,900 target is that indicated for San Jose in the Nov 2013 presentation.
Is the first time this drop has been mentioned?
Is it Significant to profitability?

If this is new info, it seems an unusual way for FVI to report info. FVI has been so above board and credible in providing info. This current slipping of a guidance into a press release on drill results seems like a sneaky way to slip bad news past investors.

Comments please.

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