Raffles Associates’s Fortuna Silver Mines FSM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-140,000	Closed	-$323K	–	42
2020 Q1	$323K	Hold	140,000	–	–	0.59%	28
2019 Q4	$571K	Hold	140,000	–	–	0.55%	34
2019 Q3	$433K	Hold	140,000	–	–	0.41%	39
2019 Q2	$399K	Hold	140,000	–	–	0.41%	43
2019 Q1	$469K	Hold	140,000	–	–	0.51%	38
2018 Q4	$510K	Sell	140,000 -50,000	-26%	-$182K	0.58%	36
2018 Q3	$830K	Hold	190,000	–	–	0.76%	28
2018 Q2	$1.08M	Hold	190,000	–	–	0.94%	24
2018 Q1	$990K	Buy	190,000 +140,000	+280%	+$729K	1.06%	23
2017 Q4	$261K	Hold	50,000	–	–	0.27%	39
2017 Q3	$219K	Hold	50,000	–	–	0.2%	41
2017 Q2	$244K	Buy	+50,000	New	+$244K	0.23%	43