TSX:MMP.UN - Post by User
Post by
mousermanon May 19, 2020 1:59pm
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Post# 31047090
All out of MMP.un
All out of MMP.unThanx for the profits, but I am out and into PME, which holds the same basic group of stocks, and is trading at a hugely better valuation. ( much bigger discount to NAV and higher yield)
Also grabbed some SVM at these beaten down levels.
ONLY see upside from SVM with silver going up, i think a decent acquisition in GUY if the gold price continues to head higher, and the base metals SVM mines along with the silver also heading higher again.
12% pullback a bit excessive , and was the street telling SVM that they paid too much for GUY...
They will get over it and buy back in as SVM cleans up the operation and makes it profitable.