Fortuna Mining Corp (FSM)

The Gold Projects Getting Funded All Have One Thing in CommonMay 4, 2026 10:30 AM
PR Newswire (Canada)

Issued on behalf of GoldHaven Resources Corp.VANCOUVER, BC, May 4, 2026 /CNW/ -- EquityInsider.com Sector Commentary — Gold exploration budgets climbed 11% to $6.15 billion last year, now accounting for half of all global exploration spending [1]. That kind of capital doesn't chase stories; it chases evidence. Central banks made the same bet in Q1 2026, adding 244 tonnes of gold on a net basis even as a handful of sovereign sellers moved the other way [2]. The signal is clear: money is flowing toward geological proof, not promotional noise, and five companies are running that playbook right now. GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), AngloGold Ashanti (NYSE: AU), Fortuna Mining (NYSE: FSM) (TSX: FVI), San Lorenzo Gold (TSXV: SLG) (OTCPK: SNLGF), and Founders Metals (TSXV: FDR) (OTCQX: FDMIF) are each advancing through the kind of independent validation milestones that separate investable gold systems from sector noise.







The World Gold Council's Q1 2026 outlook reinforces why: gold posted a new quarterly average record of $4,873 per ounce, with investment demand now outpacing fabrication for the first time in this cycle[3]. At the same time, emerging market central banks are accelerating strategic gold accumulation, broadening the institutional base under the entire sector[4]. That combination of record pricing and structural sovereign demand is creating a clear validation premium for projects that can show independent technical reviews, environmental baselines, and systematic drill targeting over ones still selling on potential alone.GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) has received the results of an independent geological review of its 100%-owned Copeçal Gold Project in Mato Grosso, Brazil, and the findings point to something bigger than the company's initial drilling suggested. An outside specialist consultant examined drill core and data from GoldHaven's inaugural diamond drilling program and confirmed the presence of a large-scale, structurally controlled hydrothermal gold system with clear vectors toward higher-grade mineralization at both of the project's two main target areas.At the West Target, the review identified higher-grade gold enrichment tied to fold hinge structures, with dense sheeted quartz vein systems hosted in altered rock. Potassic alteration along vein margins suggests a robust hydrothermal system that extends along strike and at depth. Critically, the core of the West Target's roughly 6-kilometre gold-in-soil anomaly, originally defined by AngloGold Ashanti during earlier exploration, remains largely untested and now stands as a high-priority drill target.The East Target showed its own promise. The consultant confirmed a shear-hosted mineralized zone carrying zoned sulphide assemblages, specifically chalcopyrite with bornite, which indicates increasing temperature at depth. That mineral zonation provides a direct vector toward potentially stronger copper-gold mineralization below the surface."This independent review materially de-risks the project and strengthens our confidence that Copeçal hosts a large-scale mineralized system," said Rob Birmingham, CEO of GoldHaven. "We are now seeing clear vectors toward stronger mineralization at both the East and West targets, with significant portions of the system still untested."GoldHaven is now advancing detailed structural modelling and target refinement ahead of a Phase II drill program planned for Q2 2026, designed to test the high-priority structural and geophysical targets identified through this review.Beyond Brazil, GoldHaven continues to advance its Magno Project in British Columbia's Cassiar district, where the company has submitted its drill permit application and closed an oversubscribed $2.04 million flow-through financing. The company recently filed a technical report covering the polymetallic system at Magno, which carries silver, tungsten, lead, zinc, and indium mineralization across more than 37,200 hectares. Tungsten is classified as a critical mineral by both the Canadian and U.S. governments, and Canada currently has no primary domestic tungsten production.GoldHaven is a Canadian junior exploration company operating two active project pipelines across North and South America. With drill programs advancing on separate continents, a critical minerals portfolio in Brazil totalling 123,900 hectares, and diversified exposure to both gold and polymetallic systems, the company offers multi-commodity discovery potential at a stage where most juniors remain focused on a single asset.CONTINUED… Read this and more news for GoldHaven Resources at:https://equity-insider.com/2025/10/02/the-goldhaven-story-two-continents-one-strategy-systematic-historic-gold-district-exploration-2/In other industry developments:AngloGold Ashanti (NYSE: AU) announced a first-time Probable Mineral Reserve of 4.9Moz of contained gold at its Arthur Gold Project in Nevada's Beatty Mining District, supporting an initial nine-year mine life with average annual production of approximately 500,000oz. The project carries an estimated AISC of $954/oz and, at a $2,715/oz gold price, delivers an after-tax NPV (5%) of approximately $1.7 billion."The Arthur Gold Project is a cornerstone of our strategy to build a world-class, long-life production platform in the US," said Alberto Calderon, CEO of AngloGold Ashanti. "With average annual production of approximately 500,000oz in its initial phase, with some years projected to be well in excess of that, the project delivers immediate scale in a premier mining jurisdiction. This is just the beginning. With a world class orebody and a disciplined capital approach, we have a clear roadmap to growth and long-term shareholder value."The pre-feasibility study is expected to be presented to the AngloGold Ashanti Board of Directors for approval to transition to the feasibility study phase in June 2026. Aggressive drilling programmes remain underway to convert additional Mineral Resource, expand the mineralised footprint, and support further technical studies.Fortuna Mining (NYSE: FSM) (TSX: FVI) reported strong drill results from the Southern Arc deposit at its Diamba Sud Gold Project in Senegal, highlighted by 6.0 g/t gold over 24.1 meters, with bonanza intercepts including 29.8 g/t gold over 2.4 meters within that interval. The results contributed to an updated Southern Arc resource of 6 million tonnes averaging 1.9 g/t gold, containing 367,000 ounces, now the largest single deposit within the growing Diamba Sud project."Infill and extension drilling at Southern Arc continues to strengthen the scale and confidence of the deposit, contributing to the updated and expanded updated Mineral Resource of 6 million tonnes averaging 1.9 g/t Au, containing 367,000 gold ounces, making it today the largest single mineral deposit at the growing Diamba Sud Project," said Paul Weedon, Senior Vice President of Exploration of Fortuna Mining. "Southern Arc remains open at depth and along strike to both the southwest and northeast, with drilling continuing."Five drill rigs remain active across the project, with step-out drilling planned for Q2 2026 to test depth and strike extensions. Most drilling across the total project area sits at less than 200 meters depth, underscoring the potential for further resource growth.San Lorenzo Gold (TSXV: SLG) (OTCPK: SNLGF) has announced a significant land expansion at the Cerro Blanco target of its Salvadora property in Chile, adding 2,900 hectares through an option agreement with Mirasol Resources and the acquisition of three contiguous claim blocks.The Mirasol option covers the 2,000-hectare Rubi Project, while the three additional claim blocks contribute 900 hectares, both on the eastern flank of Salvadora where the Cerro Blanco porphyry target is located. The expansion extends the north-south strike length at Cerro Blanco from approximately 2 kilometres to 6 kilometres, unlocking significant new terrain for geochemical, IP, and geological investigation. San Lorenzo Gold has previously achieved exploration success at Salvadora across the Cerro Blanco, Arco de Oro, and Cabello Muerto targets."We are excited to continue our Cerro Blanco exploration efforts 1.7 km north-eastward to the river valley floor where significant alteration is visible," said Terence Walker, VP Exploration of San Lorenzo Gold. "This acreage addition now allows us to continue southward as well where another surface litho-cap feature is present, and we now have 6 km of N/S strike length compared to the 2 km of N/S strike length previously."Founders Metals (TSXV: FDR) (OTCQX: FDMIF) has completed a two-year environmental baseline assessment at its Antino Gold Project in southeastern Suriname, the first such study ever conducted at the project area despite exploration activity dating back to the early 1990s. The study, executed by Caribbean Environmental Risk Solutions across four seasonal campaigns from July 2024 to November 2025, was conducted in accordance with IFC Performance Standards and the Convention on Biological Diversity, producing a dataset acceptable to potential international funding sources."Environmental baseline data is one of the longest lead-time items required to advance a project toward development, and completing this work now keeps us well ahead of the curve," said Colin Padget, President & CEO of Founders Metals. "The data collected over these four seasonal campaigns provides us with the evidence base required to design future development plans in a manner that meets international environmental standards."Founders Metals controls a 102,360-hectare contiguous land package in the Guiana Shield and is backed by strategic partnerships with Gold Fields and B2Gold. The company will continue baseline monitoring at least twice per year while advancing environmental impact assessment and feasibility studies in parallel with its ongoing drill program toward a maiden mineral resource estimate.FURTHER READING: https://equity-insider.com/2025/10/02/the-goldhaven-story-two-continents-one-strategy-systematic-historic-gold-district-exploration-2/CONTACT:
Equity Insider
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity-Insider is wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is is being distributed for Baystreet.ca Media Corp. ("BAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for GoldHaven Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of GoldHaven Resources Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by GoldHaven Resources Corp. The scientific and technical information disclosed in this document have been reviewed and approved by two Qualified Persons (QPs). The Copeçal Technical Report identifies Jean-Marc Lopez, B.Sc., FAusIMM, as the Qualified Person responsible for the report. The report "GoldHaven Resources Completes Summer Exploration Programs" states that the technical information has been reviewed and approved by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, an independent Qualified Person and Country Manager of GoldHaven. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://www.businessday.co.za/economy/2026-04-09-gold-drives-mining-exploration-as-global-budgets-fall-for-third-year/ https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2026 https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2026/outlook https://www.visualcapitalist.com/ranked-central-banks-buying-and-selling-gold-in-2026/Logo - https://mma.prnewswire.com/media/2840019/5951227/Equity_Insider_Logo.jpg



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Original: The Gold Projects Getting Funded All Have One Thing in Common

Smart Money Is Quietly Flooding Africa's Highest-Grade Gold BeltApril 23, 2026 9:20 AM
PR Newswire (US)

Issued on behalf of Lake Victoria Gold Ltd.VANCOUVER, BC, April 23, 2026 /PRNewswire/ -- Equity-Insider.com News Commentary — The money pouring into African gold right now isn't speculative. It's structural. Exploration budgets across the continent climbed 11% to US$1.44 billion last year, and financing for junior miners more than doubled to a near-record level[1]. At the same time, central banks are forecast to buy roughly 850 tonnes of gold in 2026[2], keeping a firm floor under prices that already topped US$5,500 per ounce in January. That combination of rising capital flows and sustained institutional demand is creating a window for developers who can move quickly, and five companies are doing exactly that: Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF), Thor Exploration (TSXV: THX), Fortuna Mining (NYSE: FSM) (TSX: FVI), Caledonia Mining (NYSE-A: CMCL), and Aya Gold & Silver (TSX: AYA) (OTCQX: AYASF).The momentum is broadening. African central banks, including Uganda and Kenya, have launched their own domestic gold purchase programs to build foreign reserves[3], reinforcing the continent's role as both a supply source and a demand driver in the same cycle. The latest Fraser Institute rankings now place several African gold jurisdictions in the global top 35 for investment attractiveness[4], validating what capital-efficient operators with district-scale assets and non-dilutive financing already know: the best risk-adjusted entry points in gold are on this continent, right now.







Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) just secured a binding term sheet for a gold loan facility worth up to US$25 million from Monetary Metals, backed by up to 6,000 ounces of gold. Alongside that, the company locked in a fully committed $3.0 million convertible debenture led by a long-term major shareholder. Together, those two deals hand Lake Victoria Gold near-term working capital and a funded path to production at its Imwelo Gold Project in Tanzania.The gold loan is non-dilutive. Repayment comes in gold ounces, not cash, so the facility scales naturally with output. The convertible debenture carries a 5.0% annual interest rate, converts at $0.31 per share, and includes half-warrants exercisable at $0.40. The structure is built to push the project forward without flooding the market with new shares."This financing allows us to immediately accelerate work programs on the ground at Imwelo and advance key initiatives across both Imwelo and Tembo without delay," said Marc Cernovitch, CEO of Lake Victoria Gold. "With capital now in place, our focus is on execution, progressing engineering, advancing site activities, and moving Imwelo toward development. At the same time, the Monetary Metals facility provides a clear pathway to larger-scale project financing, supporting our objective of bringing Imwelo into production."The financing arrives as Lake Victoria Gold is moving on several fronts across its Tanzanian portfolio. The country's government has formally announced it has begun incorporating its statutory 16% free carried interest in the Tembo mining licences, a required regulatory step that signals the project is advancing through the established framework. The company is also finalizing a binding agreement with Nyati Resources, a well-established Tanzanian mining operator, to begin toll milling at Tembo. That deal would let Lake Victoria Gold process material through an existing facility, opening a route to early cash flow without heavy upfront capital spending.At Imwelo, metallurgical testing has confirmed gold recovery rates of up to approximately 97% using conventional methods. A completed drill program at Area C returned grades including 11.88 g/t gold over 1.33 metres, and geotechnical studies have supported a consolidated single open pit design. At Tembo, surface sampling returned grades up to 35.45 g/t gold.Lake Victoria Gold holds a 100% interest in both projects, counts Barrick Gold among its strategic investors, and has a management, director, and strategic partner group that collectively owns more than 60% of outstanding shares.NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below.Read this and more news for Lake Victoria Gold at: https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/In other industry developments and happenings in the market include:Thor Exploration (TSXV: THX) recently filed an NI 43-101 technical report supporting the Douta Gold Project Pre-Feasibility Study in Senegal, with no material differences from the PFS results previously reported at the beginning of the year in January.The Douta PFS outlines a pre-tax NPV5% of US$908 million and a pre-tax IRR of 73%, based on a gold price of US$3,500 per ounce. The project envisions 1.0 million ounces of gold production over 12.6 years at a life-of-mine AISC of approximately US$1,890 per ounce, with an initial capital requirement of US$254 million. In the first four years, the oxide ore phase is expected to deliver 411,000 ounces at AISC of US$1,493 per ounce, generating US$814 million in pre-tax cashflow with an 11-month payback period. The Ministry of Environment approved the ESIA in January 2026, and next steps include finalizing the Mining Convention and commencing detailed design. First production from Douta is targeted for early 2028.Fortuna Mining (NYSE: FSM) (TSX: FVI) reported strong drill results from the Southern Arc deposit at its Diamba Sud Gold Project in Senegal, highlighted by 6.0 g/t gold over 24.1 meters, with bonanza intercepts including 29.8 g/t gold over 2.4 meters within that interval. The results contributed to an updated Southern Arc resource of 6 million tonnes averaging 1.9 g/t gold, containing 367,000 ounces, now the largest single deposit within the growing Diamba Sud project."Infill and extension drilling at Southern Arc continues to strengthen the scale and confidence of the deposit, contributing to the updated and expanded updated Mineral Resource of 6 million tonnes averaging 1.9 g/t Au, containing 367,000 gold ounces, making it today the largest single mineral deposit at the growing Diamba Sud Project," said Paul Weedon, Senior Vice President of Exploration of Fortuna Mining. "Southern Arc remains open at depth and along strike to both the southwest and northeast, with drilling continuing."Five drill rigs remain active across the project, with step-out drilling planned for Q2 2026 to test depth and strike extensions. Most drilling across the total project area sits at less than 200 meters depth, underscoring the potential for further resource growth.Caledonia Mining (NYSE-A: CMCL) has reported encouraging results from the deep level drilling program at Blanket Mine in Zimbabwe, confirming continuity of the main orebodies at depth."The latest results from our deep drilling programme reinforce the geological strength of Blanket Mine and demonstrate the continuity of mineralisation at depth across multiple orebodies," said Mark Learmonth, CEO of Caledonia Mining. "The consistency of grades and widths we are seeing, together with confirmation of the Lima orebody to 34 level, provides growing confidence in the scale and quality of the mineral resource below the current lowest levels of the mine."The campaign completed 10,311.9 metres of deep level drilling between March and December 2025, targeting extensions of the Blanket, Eroica, and Lima orebodies beyond 34 level at 1,110 metres below surface. Results include wide zones within the newly identified Blanket 7 orebody, with individual intersections reaching 48.00 metres at 4.25 g/t gold. The Lima orebody has been confirmed to 34 level, supporting potential depth extensions. Results are expected to upgrade inferred resources to the indicated category and support future mine planning.Aya Gold & Silver (TSX: AYA) (OTCQX: AYASF) has announced the commencement of a Feasibility Study for the Boumadine Project in Morocco, following a positive Preliminary Economic Assessment completed in November 2025."We are accelerating development at Boumadine as it enters the feasibility stage," said Benoit La Salle, President and CEO of Aya Gold & Silver. "With the mining permit in place, we are advancing multiple workstreams in parallel to fast-track the next phase of development while maintaining the highest technical standards, supported by leading engineering firms and specialists."The Boumadine Project is a district-scale polymetallic deposit combining open-pit and underground mining with a conventional flotation plant. The 2025 PEA outlined a potential scalable 11-year mine plan generating revenues approximately 61% from gold and 21% from silver. An aggressive infill drilling campaign is advancing in parallel, with ten rigs active and approximately 38,000 metres of a 360,000-metre program completed as of March 2026. The Feasibility Study is expected to be completed in H2 2027, with an updated mineral resource estimate targeted for H2 2026.FURTHER READING: https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/CONTACT:EQUITY INSIDER
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (MIQ). MIQ has been paid a fee for Lake Victoria Gold Ltd. advertising And digital media. There may also be 3rd parties who may have shares of Lake Victoria Gold Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Lake Victoria Gold Ltd and reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company. Cautionary Note on Production Decision: Although Imwelo has been the subject of JORC-compliant PEA, PFS and updated PFS work, these foreign-code studies are not current under NI 43-101. The Company has not completed a feasibility study on Imwelo that establishes mineral reserves demonstrating economic and technical viability and is not treating the JORC-based estimates or analyses as current under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and therefore involves increased uncertainty and a higher risk of economic and technical failure. There is no certainty that the planned low-capex open-pit operation will be economically viable or that production will occur as anticipated. Risks include, without limitation, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational, regulatory, or permitting risks.; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://www.businessday.co.za/economy/2026-04-09-gold-drives-mining-exploration-as-global-budgets-fall-for-third-year/ https://www.mining.com/central-banks-gold-buying-momentum-carries-into-2026/ https://www.gold.org/goldhub/gold-focus/2026/04/central-bank-gold-statistics-central-banks-stay-course-gold-february https://miningfocusafrica.com/2026/03/19/africas-mining-investment-boom-can-the-continent-become-the-new-el-dorado/ Logo - https://mma.prnewswire.com/media/2840019/5932843/Equity_Insider_Logo.jpg



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Original: Smart Money Is Quietly Flooding Africa's Highest-Grade Gold Belt

When are earnings?

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=fsm&insttype=&freq=&show=

FSM best miner value out there...silver and gold....effective and efficient. FSM baby!

looks like a bb sqweeze happening on the daily

Looks to pop

If they can refrain from buying anything, this has a chance of going up next quarter.

I’m with you there brother more time to add i guess

Why, It’s only up fourteen cents. ….Going to be much higher going into the first of the year

Wake up

Yawn!

Bro these stocks are getting so cheap wtf lol it’s beautiful

Yawn!

Interview with Jorge Ganoza 4 days ago. The guy knows his stuff and I’m glad to be a shareholder in Fortuna. I’m buying more if I can get some funds freed up.....holding a lot of shares already. Be sure to read the comments posted along with the video. Thank you Ron for arranging this one on one with Jorge. Good job! ??

It looks like they actually repurchased some shares.

This board (and this entire website) is PATHETIC- so it's likely a waste of time posting on this garbage site. But I'm pretty sure AMERITRADE is one of the biggest reasons and the main CAUSE and PROBLEM for a STRONG company which just got TWO price target raises- CRASHING in price -because of their RIDICULOUS, STUPID margin call requirements on the stock- probably causing so many people to have to sell the stock when they don't want to- ON TOP of the CRIMINAL, CONSTANT MANIPULATIONS of the entire SILVER market by financial terrorists JP Morgan, Bank of America and the other banks. SCAMerica- Land of the FRAUD/Home of the BRAINLESS! It's infuriating!!! I want to smash them all!

A ton of potential upside sooner than later...

Anyone out there?...FSM ready to break out. Significantly undervalued. Should be 6 to 8 bucks.

Net Income = $59,000,000

Marketbeat suggests $6.63

https://www.marketbeat.com/stocks/NYSE/FSM/price-target/?RegistrationCode=SocialMedia-StockTwits&utm_source=GeneralSocialMedia&utm_medium=Social&utm_campaign=SocialMedia

Chart suggests ~$2.

A lot of wash sales to work off from last year!

https://www.globenewswire.com/news-release/2022/03/24/2409071/0/en/Fortuna-Reports-Results-for-Fourth-Quarter-and-Full-Year-2021.html

"Record sales of $198.9 million, an increase of 92% from the $103.5 million reported in Q4 2020, due primarily to the contribution of gold sales from the Yaramoko Mine of $52.2 million and from the Lindero Mine of $65.6 million."

https://flashalert.me/?symbol=FSM&source=PR&referer=https://stocktwits.com/&url=https://www.globenewswire.com/news-release/2022/03/24/2409071/0/en/Fortuna-Reports-Results-for-Fourth-Quarter-and-Full-Year-2021.html&s3=FSM/2022-03-23/21-43-33_000000/glob/0303a9049084c562eb9d14ff5fe312e6/Fortuna-Reports-Results-for-Fourth-Quarter-and-Full-Year-2021.html

Nice move premarket. A lot of potential here, imo. 200d @ 4.46, next R @ 4.68

Should be double current price…..Stupid ROX

Is that a flag pattern? ….What are the Market Makers going to do when the P/E hits one.

Is that a flag pattern? ….What are the Market Makers going to do when the P/E hits one.

The Fed cannot afford to raise rates. Maybe token bit might happen, but the inflation is needed to raise the tax base. JMO

GOLD TO CLINCH $1,900 THIS WEEK!

Future Trends Digest
19:00 (för 53 minuter sedan)

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Big Week for Gold and Silver - We got both
https://fortunasilver.com/

What's transpired in the past 48 hours doesn't leave much room for doubt… the people at the FED are not waiting on Washington to unclog the port congestions, incentivizing chip manufacturers to prioritize automobiles over other types of chips or relax health measures to bring people back to work. Instead, they are going to raise rates by a lot!

Following last week's Friday drama, Future Money Trends now sees a full 50bps rate hike, and the markets have accepted it as well.

The markets are so hawkish right now since they think the FED is about to raise rates even before the meeting, but that looks extremely unlikely:


Courtesy: Zerohedge.com

This whole crisis in expectation management started with Bullard, who decided to freestyle it and talk out of turn about his analysis that even half a point (0.50% hike) isn't enough…

In over 20 years, the FED hasn't raised rates by 0.50% in one fell swoop, and Bullard thinks that's not enough!

It's gotten so bad that the markets are frantically buying and selling in sheer panic and distress:


Courtesy: Zerohedge.com

If we're reading the financial landscape properly, the amount of propaganda to convince everyone inflation is transitory will now come back to haunt the Federal Reserve, and gold will rise sharply.

In fact, I expect gold to see its first $50/ounce day in many months in February.

It's abundantly clear that we now live in a world where FED policy errors are considered as NOT raising rates.

We need to raise them…


Courtesy: Zerohedge.com

I think the most important reason to raise rates is that Washington is doing virtually nothing, so the FED must take the helm.

It's also critical to raise them because you want to leave room to cut them later on, but I think raising rates is only half of the equation because selling the FED's massive asset portfolio is the real solution.

The FED nationalized large portions of debt that ought to be held by real buyers and owners: individuals, countries, and institutions.

We are one month away from a historic rate hike cycle, and gold broke out to its highest level since Thanksgiving. I think $1,900/ounce could happen as soon as this week – momentum is strong!

Gold is the best asset for the first half of 2022, and we are about to get proof!

Van Eck & Other Big Guns Will Increase Their Share Holdings Now



https://www.barchart.com/stocks/quotes/FSM/overview


GLTA

Nice pop today

Finally something to watch.

Gold and silver back up and this is doing nothing. ….82.00 oil likely going to kill everything

If this gets past 4.00, I think we might see a quick run to 4.95….

Nice flag pattern. I wonder if the ROX cash drain is under control yet?

Looking like it wants to go up.

Awesome news! 12 year extension. This company is going to rock and roll!

Nice pop, and on a day when the market is getting waxed! Futures market is a sea of red. Commodities too.

I'm Happy! +18% is a nice 1 day jump!!!

Those of us who added down here are about to get rewarded.

Link, that works

https://finance.yahoo.com/news/fortuna-receives-san-jose-mine-100000400.html

12 yr extension approved!!!

https://conferencecalltranscripts.com/summary/?id=349439&pr=true

You ROX people ought to be kicking yourselves. You were doing so much better without Fortuna.

Interesting drill results. There was a time when a PR like this would help the stock price.

Between the new regulations forcing the mining companies to onboard contractor's employees and new taxes reveal the bait and switch nature of the Mexican government! When your policies have the direct result of turning what would be a profitable company into an insolvent company, poof, there goes all new investment and a liquidation of prior investments. Then the people with pitchforks come after you.

https://www.bnamericas.com/en/features/mexico-miners-face-3-more-years-of-uncertainty-under-amlo

This wreaks of Chinese tactics, I advise that you cast a wide net and expel the CCP from your country as well as reversing the granting of the lithium concession to a Chinese company that is controlled by the Chinese government.

https://mexicobusiness.news/mining/news/authorities-force-residents-signing-against-minera-cuzcatlan?tag=mining

I think those of us who bought (or added) on the beat down are going to be happy in the next few months. Chart looks ready. Gap to $4.85 needs filled.

Mexican President intervening on behalf of Fortuna at request of workers and Mayor.