The Bottom Line

Silver Strategies/The Gold Report Interview with Sean Rakhimov (04/17/2009)
"Fortuna Silver is another company that I like and that company is a producer, with a mine in Peru. What makes it even more interesting is their asset in Mexico, where they have a gold-silver asset in Oaxaca. They plan to put that project in production next year. So that should beef up the company's balance sheet and improve its prospects tremendously. This year Fortuna plans to produce 1.6 million ounces of silver in Peru at a cost of about $2.00 (net of base metal credits). Provided things work out the way they plan, they’re going to do well there and the project in Mexico, once it’s in production, should significantly change the bottom line."


Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: