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 invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. CI Investments... see more

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Sentry Select Primary Metals Corp > Saracen down 6.6 % on the ASX last night.

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Post by mouserman on Jun 09, 2020 12:46pm

Saracen down 6.6 % on the ASX last night.

One of th holdings they decided to hold onto, not doing real well of late , is Saracen on the ASX.
May 26 Saracen was trading at 5.63 on the ASX. After a 30 cent haircut last night the last trade was at 4.24... so Saracen has lost over 24% in the past 10 or 11 trading sessions...
Not sure PME or MMP.un are a great place to park your funds if you want to invest in precious metals royalty companies and producers.
Today the new list of holdings is not performing all that great, and we know you get nothing for having cash in the bank.