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Fortuna Mining Corp FSM


Primary Symbol: T.FVI

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 PeterThomason Nov 13, 2021 5:08pm
442 Views
Post# 34123760

RE:RE:Banksters led by Cannacord mauled the price

RE:RE:Banksters led by Cannacord mauled the priceYes, I also noted the timing.   SELL signal came about 1 hour before the CC, then this same guy was first in line to pour salt in the wound during the Q&A.  Then he put himself back into the que to ask more questions.  Furthermore, another issue came from another analyst who peppered the managment on Lindero's start-up progress.  Company came across badly on this issue due to poor communication (language).  Jorge insisted they were in line at 80 % availability which I think he meant would ensure the guidance, but the analyst kept pushing for time frame/date to get to 100%.  Jorge said finally that would be in Q2.  However, they will be higher in Q4 at Lindero than Q3 so I'm thinking 26-28K.  A big positive on Lindero that most peole missed was that the grade was 1.1 g/T vs. 0.95.  That is a huge improvement that we are told will continue into Q4. They need to make some more tweaks, as foreign engineers are received, but what operation doesn't in early years.
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