Bullboard - Stock Discussion Forum Sentry Select Primary Metals Corp SPMLF

Primary Symbol: T.PME

Sentry Select Primary Metals Corp. (the Fund) is a Canada-based financial investment company. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. The Fund invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. CI Investments... see more

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TSX:PME - Post Discussion

Sentry Select Primary Metals Corp > PME NAV jumps over 5.4% on May 15 to 2.6372

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Post by mouserman on May 16, 2020 1:09pm

PME NAV jumps over 5.4% on May 15 to 2.6372

One of the best days of late for PME as the gain on Friday was actually over
13 cents. Stock price only gained 11 cents , so the market still giving a 30 cent discount
to NAV despite the very bullish fundamentals. Once investors grasp the fact that v-shaped recovery
is not in the cards as far as 2020 is concerned, and the money being spent to battle the effects of the flu on the economy is going to take some time to recover, then maybe we will see premiums for these funds that hold the precious metals miners.

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