TSX:MMP.UN - Post by User
Comment by
Tadon May 19, 2020 4:56pm
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RE:RE:RE:All out of MMP.un
RE:RE:RE:All out of MMP.unMouserman.
I figure you'll be sticking around, and jumping back in here again when it suits your tastes ;-)
The fund managers have made some less than stellar moves over the uears, as have we all.
At the same time, some credit should be given for some of their really good moves like Alacer and K92 Mining. Averaging down on Guyanna Goldfields and TMAC were the right moves, even though the positions were losers in the end. I've held SilverCorp a few times over the years as well .... and enjoy speaking with them at PDAC each year. Rui Feng, Lon Shaver, Michael Horner and many others will do well with the GUyanna Goldfields assest. They've also done very well with exploration drilling in the past 2 years in Bolivia.
Overall, the MMP.UN fund managers have done pretty good over the years .... and everyone of us ends up with a dawg or two along the way.
NAV for MMP should be posted as around $2.11 per unit tomorrow ...... still trading at basically a 10% discount.
What do you think the chances of a boost to the monthly distribution are ? I seem to recall when there is a change to the monthly payout, it's usually announced in January and June/July time frames.
GLTA