BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST

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Comment by Vini123on Apr 17, 2018 5:30pm

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Post# 27900790

RE:RE:RE:Well, that sucks...

I disagree Steven ! A market cap of 500 million is totally justified when you have a contract of +or- 200 000kg per year (or 40M grams per year). Do not forget that THCX cost of production is 0.89$ and THCX will sell the gram at 4.40$ to Quebec. So, the profit will be 3.51$ per gram or 140 400 000$ per year. Therefore, at 500 million of market cap, it means you only pay 5 times the profit that will be generated by the Quebec contract ... And this contract only represent 1/3 of THCX production capacity. In other words, the market cap of THCX is actually really low ...

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