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Sentry Select Primary Metals Corp T.PME

Alternate Symbol(s):  SPMLF

Sentry Select Primary Metals Corp. (the Fund) is a Canada-based financial investment company. The Fund invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. CI Investments Inc. is the manager of the Fund.


TSX:PME - Post by User

Comment by coolslug1on Aug 09, 2016 1:16pm
40 Views
Post# 25123161

RE:RE:Trading so far this morning

RE:RE:Trading so far this morningLooking at one day's volume doesn't tell you anything, Mouserman.  For a more accurate  comparrison you need to look at longer term volume averages to get a clear picture of how much thinner the trading is for PME.  
The 20 day average volume for PME is 22,169 shares.  The 20 day average volume for MMP.UN is 47,913 which is over 100% more volume.

The 150 day average volume for PME is 25,564 shares.  The 150 day average volume for MMP.UN is 43,918 which is getting close to 100% more volume.

As you can see, both stocks are thinly traded and that is their archillies heel.  As I've said in the past, these stocks are not the best stocks to trade in and out of in hopes of quick gains.  These are exceptional plays on the present gold bull market and at the same time one can collect a fabulous monthly distribution.  In my opinion these two are perfect for anyone looking for income and growth at the same time.  I believe we will see another large increase in the distribution before the year is out.  
GLTA

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