Precious Metals and Mining Trust T.MMP.UN

All out of MMP.un

[mouserman]

Thanx 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.

[coolslug1]

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.

[mouserman]

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

[Tad]

Mouserman. 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,

[mouserman]

I think generally with sentry they use to like to keep the distributions at about a 10% level. Now a different upper management may not see the same need to pay out that much. My guess is they do up it eventually, as it may drop the yield down close to 5% here in the near future if gold and silver keep moving north  and that certainly will be a negative and the fund may trade at even a larger