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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Big Banc Split Corp
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Post by arisaig1on Sep 21, 2012 2:50pm
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Post# 20397231

Q3 Production Speculation

Q3 Production Speculation

We should have information about Q3 production about 2 weeks from today, on or about October 5th.

Average production for Q2 (April to June) was 14,167.

Bankers also reported that average production for the month of June 2012 was 14,800.

In the last update on Aug 13th, Bankers said Q3 to date (July and the first half of August) was 15,400.

Unless Bankers has encountered problems in the last 6 weeks of Q3, I estimate that the Q3 average will be 15,600 to 15,700.  Average production for the month of September (which they probably won't report) might be in the 16,000 range.

Anything higher than that would be a nice surprise.

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