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MFS Municipal Income Trust V.MFM


Primary Symbol: MFM

MFS Municipal Income Trust (the 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 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, the 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 utilities. 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

Comment by northernbullon Nov 16, 2017 10:07pm
69 Views
Post# 26981324

RE:RE:RE:RE:RE:RE:RE:At Least Creditors

RE:RE:RE:RE:RE:RE:RE:At Least CreditorsYou must be kidding.... A week in and he's ignoring you? The guy is getting his bearings and the AGM is at the end of the month. If he's a team player, he'll sit down with his directors and Walters and figure out how to proceed.
i was told he and Walters were already planning a trip to Argentina together so he can get a feel for things down there. Matt, you've rightfully complained for years about no one actually being in Argentina from the management team other than Buffone. This must count for something?
You explained the merits of San Roque, but can you explain how you planned on achieving a drill program without the dilution you're choking on? Where is your $Million plus coming from? If it can't be achieved right now due to the current state of things, then it's Hite you are upset with, not Rob.
Personally, I think this is very interesting and have been on the bid at 4.5 cents for the past 3 days without any luck so far. If we come up with a drill program, it'll force Nova Gold to make a decision. They'll have to either pony up with us, or give us back some of their share of the project. 
I know this sounds like arguing, but I respect you. I'm just ready to move forward. I was angry for a long time when I thought all was lost, but we're alive. I don't care how few shares a guy owns, the guys that have been here for over a decade know the potential of all the properties in the fleet. The market cap is tiny and we once laid out numbers that suppprted a value well north of a billion.
To some, this is a one-trick pony under San Roque. But in the right environment, our potash and base metals are huge.
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