Monday, October 19, 2009

Fortuna Silver (FVI.v) 3q09 production numbers

Fortuna Silver (FVI.v), my idea of the best small silver out there, just released its 3q09 production figures (not the earnings report). The headline number is 438,186 ounces of silver produced in the period, which is a mile up from the same quarter last year but slightly down on 2q09. Check the whole thing out on the link here.

We'll be going into details on the numbers, doing crunchy stuff and making a stab at what we can expect for the quarterly earnings in IKN26 next weekend, but from the looks of the market so far this morning....
...reaction has been subdued but positive, with trade at $1.60 up 1.3% on Friday's close.