FVI: Bigger and Leaner

BRIAN QUAST, CIBC World Markets Inc. (03/28/2011)
"Fortuna is poised to become the peer leader, in terms of both production growth and cash costs. . .and when the San Jose mine commences production (late 2011), FVI will also become more 'precious' as San Jose contains only gold and silver. Our analysis of our silver producer universe shows that FVI has a peer-leading three-year silver production CAGR of 29%—the lowest average cash costs on a byproduct basis."

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