Working on My Lats

Here's a highly, highly speculative pick that could be breaking out. Illiquid, small company with a CAD$10 million market cap. I bouhgt this because of the chart a few weeks ago. Took me many days to fill my order.

Mining Journal (subscription required): Starting from scratch in Paraguay

If nothing else, Latin American Minerals (CN:LAT) can claim a first-mover advantage; its Independencia gold tailings operation in southern Paraguay is currently the only operating mine in the largely unexplored country.

I am looking for a move through 5 cents that should carry it to 10 cents. Most of the resistance was sub-5 cents though. The chart looks great to me, but this is one of my "throw spaghetti against the wall" picks.