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Bullboard - Stock Discussion Forum 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... see more

TSX:FVI - Post Discussion

Fortuna Mining Corp > Sector Pivot?
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Post by georgemarch on Mar 01, 2024 11:40am

Sector Pivot?

This may be the beginning of the miners (including FVI... sorry bashers) moving hire. Looks like the market is expecting the Fed to begin discussing/hinting rate cuts. Macro issues move gold, FVI and other miners significantly, either way. Bashers would have one think differently. 

Next week should be real positive with q4 report. Expecting more talk of reducing debit and working towards a "pristine balance sheet".
Comment by harvester on Mar 01, 2024 12:23pm
Figured you'd show up today. Finally a little upswing. Almost $4. Woohoo. $6 & out
Comment by georgemarch on Mar 01, 2024 12:42pm
One thing I've learned in life/investing is to lower your expectations. If you buy today and sell a $6 , you make decent cash. Good idea to sell some. Buy low (take on risk) then sell when you make money. People bash because they're waiting for their "ship to come on" ...... boatload of money they want to make. Huge players with deep pockets are in FVI and have confidence with ...more  
Comment by harvester on Mar 01, 2024 2:21pm
So the idea is to buy low and sell high? Who knew.
Comment by georgemarch on Mar 01, 2024 3:18pm
read between the lines
Comment by greendayyyy on Mar 01, 2024 3:18pm
georgemarch....I respect your vision and way of doing things. I've already sold some of my assets at a profit. Personally, I don't believe that this type of management is capable of increasing growth and revenues in the long term. Hope to see it priced around $6 in the summer. Personal opinion.
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