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 > PME NAV even on the day @ 2.4645 to MAY 8

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Post by mouserman on May 09, 2020 10:26am

PME NAV even on the day @ 2.4645 to MAY 8

SO trading at a ridiculous 12% discount to its NAV..not sure what the sellers were looking at, maybe thinking the bull run in gold is over and time to buy blue chip financials and such again.
Dont think the pain to the economy in North America and particularly Europe is even close to being over.
Gold and silver have a long ways to go yet before we see the top. JMHO tho.
PME one of the best buys out there, and i suspect the yield going to increase here very soon.
2018 the fund was paying out 2.5 cents per share and the NAV was very similar to where we are now.

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