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MFS Municipal Income Trust V.MFM


Primary Symbol: MFM

MFS Municipal Income Trust (fund) is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. It invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities. The Fund invests in various sectors, such as hospitals, secondary schools, colleges, schools, and water and sewer utility. It has investments in areas, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Guam, Hawaii, Idaho, and Illinois. Massachusetts Financial Services Company is the investment adviser of the Fund.


NYSE:MFM - Post by User

Bullboard Posts
Comment by northernbullon Jan 23, 2012 1:44am
254 Views
Post# 19434358

RE: Vancouver Show

RE: Vancouver Show

I just got home from the show. I spent about an hour at the Marifil booth throughout the morning. I came away from it with renewed excitement, to say the least. I agree with Tower, it sounds like Assays should be out soon. They thought they would have a meeting to discuss results perhaps this week and a news release would follow shortly after that. Walters believes that Nova just got the results in their own hands very recently and he claims they have been very forthcoming and doesn't see them as a hostile partner by any means. Here's hoping they have something exciting! None the less, they felt confident that Nova will continue drilling regardless of what this round shows as all of the previous work points to a potentially huge deposit.

Raulston stopped by while I was at the booth as well to get caught up on the story. I talked with him a bit and then made sure to ask a question about Marifil during his sunscriber session in the afternoon. I figured it couldn't hurt to get some extra PR for us. Without disrespecting his paid service, I'll say he was very positive and his comments definitely put us in a favorable light with a chance for huge upside.

I also got the feeling that some news was right around the corner. Not sure what its about, but in the past, they've always tried to time a news release with the Monday of this conference (last year it was the acquisition of K3 and K4). I wouldn't be surprised if something comes out in the morning, but I've been wrong before.

Anyway, its late. We talked lots, so I'll likely think of more stuff to add later, but that's it for now. All I can say is that if you're doubtful about San Roque, give Dick Walters a call. That project is his baby and there's no doubt that he has a tremendous amount of confidence in it.

Bullboard Posts