Fortuna Silver (FVI.v) down a penny at $0.96. A message to reader T.M: My opinion hasn’t changed a bit on this, neither have the tactics. If Mr. Market is kind enough to offer sub $0.90 then (as long as you DYODD and are comfortable) that’s the place to add.
But the main market move today seems to be crude oil, with benchmark WTI up 5.1% right now at $47.84. If memory serves that breaks through a recent resistance level (though corrections on that gladly accepted). As for local O&G stocks, Ecopetrol’s chart catches my eye; is that a double bottom there?
Fundies aren’t so bad in EC, either. The plan to emit U$8.1m in bonds is still on the table and there’s plenty of institutional support for EC, methinks. I don’t own and never have, but I do reckon it’s worth a decent looksee here.