OT: Stock Contest - Week 6 | KTCC Message Board Posts


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Msg  5771 of 6214  at  11/17/2021 2:36:56 PM  by

jmat


Re: OT: Stock Contest - Week 6

"jmat's results have been tempered by the drop of FSM this week from the #2 stock position to a negative return in one week. I don't know the reason for that move."
 
Fortuna Silver Mines (FSM -19.8%) extends its two-day losses to nearly 25% on disappointing Q3 results and worries over the future of the San Jose mine in Mexico.
 
If the San Jose environmental permit is not approved by April 23, 2022, BMO says the size of Fortuna's amended credit facility that had been expanded to $200M from $120M "could be reduced to nil." 
 
Seems to be bouncing back.
 
jmat
 


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