PCM Fund Inc V.PCM

Primary Symbol: PCM

PCM Fund, Inc. (the Fund) is a closed-end management investment company. The Fund’s investment objective is to achieve high current income. Capital gain from the disposition of investments is a secondary objective of the Fund. The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple fixed income sectors in the global credit markets, including corporate debt (including, among other things, fixed-, variable- and floating-rate bonds, loans (including, but not limited to, bank and/or other syndicated loans and non-syndicated (private direct) loans), convertible securities and stressed debt securities issued by United States or foreign (non-United States) corporations or other business entities. The Fund may invest in investment grade debt securities and below investment grade debt securities, including securities of stressed, distressed and defaulted issuers. Its investment manager is Pacific Investment Management Company LLC.

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PCM Fund Inc

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Comment by oxinoson Sep 14, 2009 12:27pm

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Post# 16303522

RE: RE: Another news release

This is really good news. The average grade of silver for the holes reported is 117 g. Using the conversion of 50 to 1 into gold means that the gold equivalent is 2.34 g. per tonne, and adding the 2.19 g average of gold = 4.53 g. per tonne gold equivalent! That's very good for open pit mining.

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