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Bullboard - Stock Discussion Forum
Sentry Select Primary Metals Corp
T.PME
Sentry Select Primary Metals Corp. (the Fund) is a Canada-based financial investment company. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. The Fund invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. CI Investments...
Inc. is the manager of the Fund. CIBC Mellon Trust Company is the custodian (the Custodian) for the Fund.
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Bullboard (TSX:PME)
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(5052)
•••
mouserman
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Post by
mouserman
on Jun 04, 2020 4:10pm
PME NAV jumps up to Approx 2.59
CI Investments had the NAV at 2.53 yesterday close. But altho the AUSSIE holdings were down as a group, the majority of the holdings were in the green today. Particularly GUY which ended
...more
(5052)
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mouserman
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Post by
mouserman
on Jun 04, 2020 10:26am
GUY rocking up after new offer
Strange that it doesnt say who the company is....SVM was a good fit, as they are a well-managed and very competent underground miner. Huge break up fee payable to SVM, so that stock is also
...more
(3)
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Audax77
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Comment by
Audax77
on Jun 03, 2020 7:39pm
RE:RE:RE:Stink bid filled
I had what I thought was a bit of a stink bid at $2.14, but regardless happy with the 2200 shares I got. Re SVM, looks like we may not get any as a new offer came in for GUY "Pursuant to the
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(5052)
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mouserman
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Comment by
mouserman
on Jun 03, 2020 12:45pm
RE:RE:Stink bid filled
The gold bull run is far from over, and silver likely even more upside than GOLD. I can only hope the managers hang onto SVM in the future after the deal for GUY is done.... its a divvy payer and has
...more
(0)
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coolslug1
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Comment by
coolslug1
on Jun 03, 2020 12:28pm
RE:Stink bid filled
Congratulations on your excellent purchase Mouserman! I've been buying PME and MMP.UN this morning also but I paid more than you for my PME shares. I was very surprised and dismayed to
...more
(5052)
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mouserman
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Post by
mouserman
on Jun 03, 2020 11:32am
Stink bid filled
WOW, some impatient seller wanted out and dumped right down to 2.05 where i had a stinker sitting.
(5052)
•••
mouserman
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Post by
mouserman
on Jun 03, 2020 9:16am
PME NAV dropped to 2.6198
PME lost over 8 cents on the NAV yesterday, and appears the same action happening as the CRIMEX opens in the US... an immediate takedown on precious metals. The powers that be still have a hate on for
...more
(5052)
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mouserman
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Post by
mouserman
on Jun 02, 2020 5:35pm
PME takedown
Well the fund did drop about 3 .5 % so I guess the sellers figured selling 3% or 7 cents lower was OK... Certainly some bigger volume for PME compared to MMP.un when its time to sell
...more
(5052)
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mouserman
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Post by
mouserman
on Jun 02, 2020 12:22pm
Organized takedown on miners and PMs
Seems the crimex peeps are selling paper gold and silver today bigtime and before that even happened the miners were getting trashed. So appears everyone wants back into the blue chips and the
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(5052)
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mouserman
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Comment by
mouserman
on Jun 02, 2020 8:59am
RE:Overall PME holdings up close to 2%
Again must be some changes to the fund, as the NAV is reported at just over 2.70 this am....only a gain of 3 cents yesterday. Still a huge discount to NAV of about 13%
(5052)
•••
mouserman
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Post by
mouserman
on Jun 01, 2020 4:13pm
Overall PME holdings up close to 2%
SO with the NAV at 2.67 as of fridays close , today the gain would be close to .05... yet the fund only goes up a penny. Discount to NAV getting even bigger... and i managed to get a stink bid
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(5052)
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mouserman
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Post by
mouserman
on Jun 01, 2020 11:26am
Raised sells to .10 BELOW NAV
But that is about .25 above where its trading , so should be safe for a few days. Not much up for sale , but very little bid strength. Invrestors are buying the miners today tho, altho mostly silver
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(5052)
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mouserman
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Comment by
mouserman
on May 31, 2020 10:07am
RE:RE:NAV back up to 2.67
Perhaps, not sure, but the last 2.5 cent distribution was in DEC 2018...in Jan 2109 it was cut back to 1.5 cents.
(0)
•••
coolslug1
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Comment by
coolslug1
on May 30, 2020 1:19pm
RE:NAV back up to 2.67
If I remember correctly, years ago it was said that the distribution rate was subject to review each July.
(5052)
•••
mouserman
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Post by
mouserman
on May 30, 2020 9:05am
NAV back up to 2.67
Gain was 2.3 % as the holdings pulled back a bit in late trading friday. LAst trade at 2.33 gives a 34 cent discount to NAV, and works out to about 13%. PME should be raising the distribution here
...more
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