In the latest Jan 2010 edition of the Casey Intl Spec thingy, here's how the analysis on Fortuna (FVI.v) concluded:
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 retted 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:
Do not chase this stock.
Place limit orders and try to buy under market on days when gold and silver fluctuate downward.
Oh dear Louis...really bad call. All those subscribers hanging on your words and you advise them to wait....now look at what you've done!!! Only gone and missed the rocket ship flight to $2.50.
Now don't be a naughty little boy and claim you got yourself a 25% winner now, will you?
Now don't be a naughty little boy and claim you got yourself a 25% winner now, will you?
Meanwhile for the rest of you, don't chase that stock!