Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:FVI - Post Discussion

Fortuna Mining Corp > Banksters led by Cannacord mauled the price
View:
Post by PeterThomas on Nov 13, 2021 1:10pm

Banksters led by Cannacord mauled the price

down almost 30 % from Thursday mornings $5.50 high to Fridays $3.87 close. Probably loads of naked shorting and algo manipulation. 50 million shares. Probably another 10-20 million retailers shares will bail on Monday and early Tuesday until the pain subsides.  Company hopefully will have some upbeat release by Wednesday.  The floor is around $3.45-3.55.  FSM was never a long term investment, it is just a trading vehicle now.
Comment by Dogsbreakfast4U on Nov 13, 2021 2:35pm
The analyst from Cannacord put a sell rating on the stock even before the CC. Wouldn't be surprised if they shorted the stock right after. Expect a sharp rise in the stock as they start covering sometime next week or on any wiff of resolution ref San Jose.
Comment by PeterThomas on Nov 13, 2021 5:08pm
Yes, 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 ...more  
Comment by PeterThomas on Nov 13, 2021 5:13pm
Yes, the price had double or triple smash levels throughout the session.  Here are the perches: Open: $4.80   Sell Call by Cannacord :   $4.20 before the CC Last hour $ 3.87
Comment by goldman88 on Nov 14, 2021 12:58pm
This post has been removed in accordance with Community Policy
Comment by yoshka2000 on Nov 14, 2021 4:20pm
So, what is the real issue that the Mexican  Govt. has with the Co.Is this an Enviromental Epic shakedown on the mining industry or just on bad actors.? A 24% drop in the stock in one day makes you want to look the 2nd. time and wonder, know?
Comment by goldman88 on Nov 14, 2021 6:07pm
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities