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
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!
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!
Chart suggests ~$2.
A lot of wash sales to work off from last year!
"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."
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
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Big Week for Gold and Silver - We got both
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:
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:
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…
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!
Looking like it wants to go up.
Nice pop, and on a day when the market is getting waxed! Futures market is a sea of red. Commodities too.
Those of us who added down here are about to get rewarded.
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.
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.
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.
Does anyone have an idea as to how long the ROX properties will be a cash drain?
Interesting that there is no discussion about the ROX properties sucking away all monies.
What is the real reason they denied the permit?
Wouldn't have anything to do with the suppression of the price of Silver, would it?
Weimar's revenge is coming!
At least more than half of the UK saw this coming! Brexit is life!
Then why are you still here? Shun it and move on. No one is twisting your arm. You buy, you make money, you sell. You buy, you lose money, you sell. It’s a mining stock. There’s a ton of ‘em. Not hard to find one you like. :)
Come on, this totally deserves to be shunned. They merged with a company that has properties in the worst jurisdictions on this planet!….DUMB MOVE.
Agreed. This sell off is unfortunate for some, but a great buying opportunity for those willing to weather the storm. The Roxgold acquisition will pay off big time as Au gets its legs. Fortuna will more than likely settle the environmental issues. A 30% haircut is unwarranted imo. I think this whole thing has been blown out of proportion. Remember, for every seller there is a buyer, and the lower this falls, the lower the risk of either buying or adding.