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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

Post by Farquaron Jul 29, 2022 12:08pm
471 Views
Post# 34860252

10.5 million shorts need to be bought back

10.5 million shorts need to be bought backThe latest short report for this stock shows a whopping 10.5 millions shorts on this stock up till July 15th... How greedy can these shorts be? They still have not covered their shorts! They should have covered by this time but they may have misplayed their hand as the bottom may be in for the gold price...If the gold price keeps going up from here the shorts are going to get squeezed and FVI will shoot up like a rocket in a very short time... I am not sure if those 10.5 million shorts are just the canadian shorts because there are close to 10 million shorts on the USA side too ..If both countries' shorts are counted separately then that would be 20 million shorts that need to be bought back....
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