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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 mousermanon May 19, 2020 4:34pm
80 Views
Post# 31048145

RE:RE:All out of MMP.un

RE:RE:All out of MMP.un
coolslug1 wrote: We will miss you here at the mmp.un thread unless of course you are one of those morons that sell all thier stock and linger on to bash the stock they no longer own or to promote other stocks that they now own.  You don't seem the type to be like that so I'll stop by the PME thread periodically to read what you have to say.  Good luck and take care.

LOL I have taken a few opportunities to bash the managers of these 2 funds.  They have a  bad habit of selling good quality miners so they can buy into some risky, poorly managed junior.
Sentry's managers dumped KL to buy into GUY at over 5.50 a share way back when, and then averaged down a few times to get the average into the mid 2$ range. KL went on to double from there and then bought out DGC. That dropped the price of KL  again, but was positive enough to push MMP.un back into buying KL and making it the 2nd biggest holding behind Alacer.
At any rate , the holdings for PME and MMP.un are almost identical, and when the NAV swings the other way, PME trading at a small discount to NAV, and MMP.u at a big discount, i will move funds the other way again.
SVM i see finished the day up strongly @ 5.90  above where i was buying today, at 5.80 average.
Have owned SVM a few times over the years, and made out well, but was lucky with selling at the right time. 
Many others i didnt have the same luck with.
At any rate , great moves from both MMP.un and PME today.
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