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Nuveen California Municipal Value Fund Inc T.NCA


Primary Symbol: NCA

Nuveen California Municipal Value Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek current income exempt from both regular federal income taxes and California personal income tax. Its secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and California state income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. It also invests in inverse floating rate municipal securities. Its investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NCA - Post by User

Comment by aweighon Mar 31, 2016 1:41pm
68 Views
Post# 24716133

RE:RE:You can see our future in T.AZ, same management group and

RE:RE:You can see our future in T.AZ, same management group and You only need to read the corporate presentation to realize that more work needs to be done and it will cost money and your current management group can't raise it and therefore the project is dead in the water. Heck the Co. needed $ 100,000 up front just to keep the lights on !
 Warke has a reputation of a guy that can execute and he uses his own money to do it. The market knows that and will react, he adds huge value to this project and I suspect he is going to make NCA's shareholders a lot of money as he's done with every Co. he's run.
The only question in my mind is how quickly will NCA be bought out, before or after he's had a chance to put it into production. 

Micky1212 wrote: Sorry, this game is completely different. They have drilled the most out and so we have a resource of more than 4 mio Oz. A Pea is also still done. Additional the metallurgical tests are also done.
They can do some additional drilling to get a better starter pit, but normally they can direct start with building the mine.
yes, this stock is also without the new crew atleast a 1.- Cad stock, possible that it will be easier with the new persons, but we don't need it. We must pay a big price, with 40 percent, from our property for this people. I don't like this deal, but I will hold my shares. It's a great property, one friend of me, geologist in Elko, were telling it to me. 
Warke is clever by stealing this. Hopefully, he will make a good and everybody will be happy.
Cheers
Glta


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