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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 Jan 08, 2014 4:15pm
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Post# 22071200

Good volume- holding at $4.60

Good volume- holding at $4.60Might have expected a pullback today after the recent rise.  Nice to see holding at $4.60 with solid volume through the day.

Next news will likely be 2013 Reserves Report in February, and 2013 Financial Results in mid-March.

Reserves Report might provide a nice boost.  Well peformance has improved, and the 2012 report included "everything but the kitchen sink" in terms of negatives.  There was some discussion that the 2012 report was tanked, to provide lowered expectations and improved comparative performance for the 2013 report.

We will see soon enough.
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Dealroom for high-potential pre-IPO opportunities