This humble corner of cyberspace found it very interesting that this news was released…
…on the day after a whole roster of insiders of Fortuna Silver (FVI.to) (FSM) filed that they did this:
Pretty impressive. First insiders cash in 569,838 RSUs of FVI and turn them magically into dollars (around CAD$4m of them in fact), then it’s “yeah fine, no biggie…just the SEC investigating us and we can’t file out annuals…don’t worry about it“. And to take the chutzpah to that extra level, just after dumping over half a million shares on the market they tell us they’ll do the right thing and slap a management cease trade order on themselves if the annuals are delayed.