BNY Mellon Strategic Municipal Bond Fund Inc V.DSM

Primary Symbol: DSM

BNY Mellon Strategic Municipal Bond Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The Fund ordinarily invests all of its net assets in municipal obligations that provide income exempt from federal personal income tax, and has adopted a fundamental investment policy to invest, under normal market conditions, at least 80% of its net assets in municipal obligations. The Fund may purchase floating and variable rate obligations, municipal derivatives, such as custodial receipt programs created by financial intermediaries, tender option bonds, and participations in municipal obligations. The Fund invests in various industries, including transportation, education, medical, airport, water, power, utilities and multifamily housing. The Fund's investment adviser is BNY Mellon Investment Adviser, Inc.

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BNY Mellon Strategic Municipal Bond Fund Inc

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Post by Oldschool2022on Mar 22, 2022 9:47pm

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Post# 34536425

Insiders and Teck Resources own 12%+16%=28% of the shares.

$1.9 million in the bank and $9.3 million in assets with no debt. With 6 billion pounds of copper in the ground and copper trading at $4.63 per pound I see lots of upside here. I think I heard that close to $30 million has been spent on their copper property. Just need a positive news release and this could be a .25 stock. Insiders and Teck resources own 28% of the company. Looks like solid support at .075 with a thin market depth up to .10.

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