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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

Comment by Stratocheifon Apr 29, 2021 4:00pm
459 Views
Post# 33095366

RE:New SeekingAlpha article

RE:New SeekingAlpha articleThis is the foolishness of the market. People are on the silver bandwagon just like they were with "blockchain". Names mean nothing. Mr Ganoza made it clear when he went ahead with Lindero that Fortuna is a miner and first and foremost a miner in the business to make money. I like that. If it costs $15 to make an ounce of silver and it sells at $26 its a good business. If it costs $900 to make an ounce of gold and it sells for $1800 its a good business. Unlike someone like Keith Numier who has turned first majestic into a cult with all the silver pumping, at the end of the day its profit that counts no matter what you produce. Can anyone guarantee where silver will be in 12 months? Or gold? Not at all. So by producing both you reduce your odds of running into trouble if one of the two underperforms
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