Today's junior mining company share price future predictive market quiz question

Considering the effect that stocks such as Great Panther (GPR.to) (GPL) or First Majestic (FR.to) (AG) saw when they got listed, what do you think is going to happen to the share price of Fortuna Silver (FVI.to) when it announces it's getting listed on the New York Stock Exchange?

I'm expected that announcement soon, by the way.

Yeah really. And yes, I'm long FVI (if you don't know that, you're new round here and so "welcome!").

To know more about Crocodile Gold's (CRK.to) Mario property, optioned to Fortuna Silver (FVI.to) today...

...go here for the overview of the 43-101 technical report on the property that was published in 2007

But in summary it's big, under-explored and has already returned very decent drill numbers for zinc, lead and silver. Also, if you check out the MEM resume on environmental matters for the Mario property, you'll find out more about its exact location and see that the locals are welcoming of new mining activity in the area. Overall, it reminds me a lot of Caylloma

Fortuna Silver (FVI.to) San José site visit report

He may still have huevo stuck to his cara from the Greystar debacle, but credit where it's due; the site visit notes published by Nicholas CampbellSoup of Canaccord (along with his trusty sidekick Gabriel Gonzalez) today May 10th do a very good and comprehensive job of laying out the state of play at Fortuna Silver's (FVI.to) San José project, currently being built and ready to roll in 3q11 (not so long to go, folks). Nice work Soupy!

You too can read his site visit notes (starts p11) by clicking here and downloading your copy of the PDF. Thanks due to reader 'GB' for the forward.

We would now like to welcome you back to...

...reality.

It's been a while since common sense was seen round these parts. Better late than never, I suppose.

Fortuna (FVI.to) quickmath

To work out the Mine Operating Income (MOI) in a ballpark way for the 1q11 quarter just announced in this NR, what you do is;

take the silver production number (and assume produced = sold 1:1)
work out the average London fix spot price for silver in the period (U$31.66/oz)
take the cash cost number and subtract it from the avg price (negative U$4.52, so in effect you're adding)
multiply the production with the revenue per ounce.

The answer is U$15.82m. Then you have other deductions, including smelter, G&A, tax etc. But you should get the picture from comparing that $15.82m number with previous quarters.

Thanks a bunch, Twobreakfasts

Exhibit A: President Alan Twobreakfasts Garcia just a few minutes ago said:

"...[foreign investments in Peru] are the the sign of confidence in our country, a confidence that has not been bent by the electoral process."

Exhibit B: Fortuna Silver Mines (FVI.to) intraday chart:

The good news: Only another three months of this dumbass to go

CIBC on Fortuna Silver (FVI.to) this morning

This link takes you to the note published by CIBC's Brian Quast this morning on Fortuna Silver (FVI.to). It looks like Quast is keeping things conservative and has only raised his target to $6.25 (from $5.50), but if you check what he says about the stock it's pretty clear how much he likes FVI going forward.

Anyway, less of my incoherent burbling, click here and read the words of somebody worth reading for a change.

Making money in the stock market isn't so difficult......

...all you have to do is the following:

1) Identify the stupid people.

2) Watch what the stupid people do.

3) Do the opposite.

Of the three, part one takes the most time to work out but, when you've nailed that one down things get easier. Here's a topical example:

And by the way, here are a couple of tips to get you started on part 1). Firstly, never tell the stupid people that they're stupid. Secondly (and as a logical extension to the first tip), those who go around calling other market participants stupid are stupid (present company excepted, of course).

DYODD, dude. DYODD, dudette.