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 > Spot gold up, silver down.....

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Post by mouserman on Jun 11, 2020 11:37am

Spot gold up, silver down.....

SO we see some aggressive buying in spot gold as the US markets open... as more bad news hits the screens as far as the US economy is concerned.
However PME NAV stuck in neutral as the thier top 4 holdings are down, and the newest silver addition PAAS, continues to tank, down another 3 % today so far. Since June 1 PAAS has sunk about 20%....
WPM back in positive again today... but CI funds has completely got out of that name...

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Comment by mouserman on Jun 11, 2020 12:34pm

Well it didnt take long for the minions on the crimex to hammer gold down again,,, and apparently buying the US $ seems to be the better , safer safe haven. Not in my books...

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Sentry Select Primary Metals Corp