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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

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Post by greendayyyy on Nov 11, 2024 9:08am

$$$

Since November 1, gold has already fallen by $160. I think we could lose another $150 before the next reversal. The price of mining shares could lose more than 20% in this fall. Where are the specialists who saw gold at $3,000 by the end of the year?
Comment by georgemarch on Nov 11, 2024 11:30am
This is a nice/much needed correction in the price of gold. I look to the price of new homes in the US to gage the price of gold should be. It has worked very well for me. Gold was getting ahead of itself because the " hopes/prediction " of democrates doing well in the election.  The timeline is too short for too many people/investors?  .
Comment by greendayyyy on Nov 13, 2024 11:45am
We've been in the red for several days. Where's the stop? With the dollar rising every day, it doesn't look good.
Comment by georgemarch on Nov 14, 2024 7:45am
Fortuna has been in the red along with all the others...CG, K , AEM, AG, etc. Speculative money leaving for crypto market to make a quick buck to pay personal bills. Investors???? The gold price will continue to go hgher. Nothing has changed. US debt continues to climb.... central banks buying gold....etc. Miners will go higher if they make the right decisions (cut costs, replenish reserves ...more  
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