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Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s):  PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objective is to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust invests in a portfolio consisting primarily of equity securities of mining issuers that are listed on a North American stock exchange. The Trust invests in various sectors, including metals and mining, gold and precious metals, chemicals and gases, and others. CI Investments Inc. is the manager, portfolio adviser and trustee of the Trust.


TSX:MMP.UN - Post by User

Comment by Tadon May 18, 2020 11:52am
103 Views
Post# 31042264

RE:Do we still have GUY in the fund?

RE:Do we still have GUY in the fund?wateroperator,



As of April 30, the fund still held approximately 2,570,000 share of Guyanna Goldfields. Who knows if the fund managers have held onto the entire position, but SilverCorp Metals shares would be a great fit in the portfolio.

The new bid by SilverCorp would add about C$1 million in additional value to the fund tomorrow if the GUY holdings hadn't changed.

Also the two Australian companies were up nicely in overseas trading last night. Bellevue was up A$0.05 and Saracen was up A$0.57, which would add another $250,000 in value . We should see a decent increase in unit price tomorrow' trading, after the long weekend ..... depending on what the banksters decide to do with the gold price over the course of today and tomorrow .... Gold is currently off about $20 / oz

Approximate calculations of the shares held in the Top 15 holdings in MMP.UN are in this earlier post ....

https://stockhouse.com/companies/bullboard?symbol=t.mmp.un&postid=31022147


GLTA
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