Monday, July 19, 2010

BMO does Fortuna (FVI.to)

Last week BMO opened coverage on Fortuna Silver (FVI.to) with an outperform rating, a $3.20 target price and a 1.19Mb pdf analysis. Apart from one little snafu where they got the shares out total wrong on the front box, it's a pretty good report on the company and it's clear that the BMO dude Kaip (unlike many other more neuronally-challenged analysts out there) gets what's happening at FVI.

Anyway, less of my vague wanderings. If you want to download and read the BMO oeuvre yourself you can find it by clicking right here. Worth the time of longs and potential longs.