RE:Explanation for BurgersHere's another.. Pan American Silver, a primary silver company, has gone from $50 CAD to $30 (40%) since last summer. They were not part of the ROXG deal.
I have suggested in the past that FVI should have a name change so it no longer is viewed as a primary silver company. I'm convinced that gold will have a better future than silver. Since 2005 silver never did what I originally thought it would (suppose to) do. Have looked at gold/siver ratio charts ad nauseam.
FVI management is thinking long term and decided to bet on higher gold prices. With inventions like cryptos and NFTs there isn't enough room for two metals (commodities) to play the role of real money/store of value/....
I had great hopes for silver but as Dylan sang... the times are a changin.