RE:ManagementGreendayyy,
On the Fortuna Silver board, here is what you posted on December 14th…
‘Could end the year around $2.75 and even fall below $2 in early 2022.”
Then on the following day as FSM made its low at $2.91 USD, and FVI.TO made its low at $3.77 Canadian dollars, you posted the following…
“As mentioned yesterday FVI could end the year around $2.75 and even fall below $2.00 in early 2022. All gold stocks are being battered and I believe this correction is far from over. Personal opinion. I sincerely hope I am wrong.”
Today, Fortuna announced that they received a 12 year permit at San Jose, and the current price of FSM is $3.81 USD, or $4.91 Canadian dollars on the TSX.
You were obviously wrong on your bearish call on Fortuna, And IMHO you are equally wrong about on your bearish view on Orvana Minerals.
Perhaps you haven’t heard the news that Lundin Mining just acquired the JoseMaria copper gold project in Argentina which is located about 30 miles north of Taguas for $625 million dollars Canadian.
https://www.kitco.com/news/2021-12-20/Lundin-Mining-to-acquire-world-class-Josemaria-copper-gold-project-in-Argentina-for-C-625-million.html
Additionally, in the case of Orvana, this stock also has an ABC up against GDXJ with a price target of 0.02 times the GDXJ within the next 5 to 12 months. Given the aforementioned GDXJ price targets, the short term price target for Orvana is between $1.80 and $2.40 USD per share.
ganndolph