Case’y International Speculator pick this month was Fortuna Silver V.FVI rec…buys @ 2.00 ran to fast to 2.78 closes on Friday now is waiting time for pullback..

Fortuna Silver Mines (V.FVI, C$2.13 on 12/24/09, 94.9M SO, 103.2M FD, C$202.1M MCap, www.fortunasilvermines.com)
BUY (First Tranche)—Fortuna is a known quantity to us, a past recommendation we’ve long thought highly of. The company would still be in our portfolio if it hadn’t run into political trouble over its high-grade San Jose silver-gold project in Oaxaca, Mexico. However, while Louis was on site at Fortuna’s small but highly profitable Caylloma mine (silver-gold-lead-zinc-copper) in Peru, the company announced that it had received a mining permit for San Jose. That pretty much puts the fear of political risk to rest, making Fortuna a great pick again, with strength in all 8 Ps. Briefly those would be…

Fortuna is a low-cost producer with a clear path to tripled production and plenty of blue sky potential, both in new acquisitions and discoveries. We regret having to sell, and now that a lot of the risk has been removed, we want it back in our portfolio.
However, there’s no need to rush. This is a story of value being added over time, not of imminent news causing a sudden surge. So, buy on weakness – shoot for C$2.00, and back up the truck for more if a broader market correction gives you a chance to do so under C$1.80.
With precious metals making like a yo-yo, now is the perfect time to exercise some discipline: