Bullboard - Stock Discussion Forum 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... see more

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Sentry Select Primary Metals Corp > Folks selling at 2.10 ??? NAV at 2.38 or so....

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Post by mouserman on May 07, 2020 11:17am

Folks selling at 2.10 ??? NAV at 2.38 or so....

I couldnt help myself and added some PME at 2.10 this morning.... major holdings WPM ,ASR and KNT are up again today... WPM and ASR hitting a fresh new alltime highs.
Spot gold in CAD$ heading back towards an alltime high as well.
Some investors dont get it, and paying huge premiums for split funds that pay nothing.
Here we have a big discount for a gold miner funds that pyas every month.
I suspect the distributions will increase here shortly as we get further into the precious metals bull market runup.

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Comment by Audax77 on May 07, 2020 9:41pm

+ 4.71% for the mutual fund; https://caaws.morningstar.com/ProfileService/report/pdf/8Tn9EsCQTA/en-CA/0P000070H0/FO/Summary%7CPerformance So we hopefully see +5% for PME tomorrow morning.

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Comment by mouserman on May 07, 2020 10:58pm

Yes i had it at around 4.5 % , since the Aussie holdings didnt do as well. Saracen was up 2.54% and Bellevue was up only .23% Smaller holdings of Silvercrest (up 10.7%) and Artemis ( up 11.5%) had big days tho. I suspect we should see th NAV jump by about .10 since the May 6 numbers. SO that would put it at 2.46 or so. 28 cent discount to NAV is a bit large imho, for a precious ...more

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Sentry Select Primary Metals Corp