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Bullboard - Stock Discussion Forum 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... see more

TSX:MMP.UN - Post Discussion

Precious Metals and Mining Trust > From an actual investor...
View:
Post by coolslug1 on Jun 09, 2020 5:37pm

From an actual investor...

MMP.UN is up over 100% since the March lows.  Mouserman, the share price has more than doubled in the past three months yet you post so much negativity here on this thread.  You claim that you have no shares in this stock so I find it very hard to figure out why you are so negative and want to discourage the present shareholders and future investors of this awesome opportunity.  Maybe I’m just too much of a positive thinker but I am very pleased with how this fund is managed and I’m looking forward to the continuation of MMP.UN growth and income.

Comment by mouserman on Jun 09, 2020 8:06pm
Go back a year or two and then try and tell me you have done better with MMP.un than say WPM, or KL ... or FNV.... Very shortsighted to say its doubled since MARCH when everything in the world sold off. Not many stocks that havent bounced back bigtime in that same timeframe from the lows... I bought WPM in the summer of 2019 and averaged in at 32$, it over doubled since then and hit  several ...more  
Comment by coolslug1 on Jun 09, 2020 11:03pm
Mouserman, I find it hard to believe that you are sincere when you wish me good luck with this stock.  Disgruntled investors rarely have best wishes for a stock that they no longer hold.  You are here daily with your negativity even though you don't even have a stake in this fund.  Your constant whining about management's decisions would be more understandable if you ...more  
Comment by mouserman on Jun 09, 2020 11:42pm
I  still have a significant position in PME, which holds the same stocks, from the same CI investment group , ran by the same managers...  i simply choose PME because of the higher yield and better valuation. But i have trimmed back the holding and invested the funds back into WPM and KL , as I see much better returns are likely with those , even if the yield is lower. I dont have to ...more  
Comment by coolslug1 on Jun 10, 2020 11:19am
Mouserman, I will post my response to you on the PME thread where you actually own shares of that stock.
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