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Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s):  PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objectives are to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust's assets allocation includes Canadian equity, international equity, cash and equivalents, United States equity and other. The Trust invests in various sectors, including gold and precious metals, metals and mining, chemicals and gases, forestry and paper, and others. CI Investments Inc. is the manager, portfolio adviser and trustee of the Trust.


TSX:MMP.UN - Post by User

Precious Metals and Mining Trust
Bullboard Posts
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(3)
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Comment by 1annacotsteel1on Jun 25, 2010 6:37pm
245 Views
Post# 17223589

RE: RE: RE: RE: RE: The warrants: Why is anyone se

RE: RE: RE: RE: RE: The warrants: Why is anyone se

its a fair comment, and is at least partially right I'm sure. But  whoever is holding them is selling them at a 20-25% discount. Someone who has the money is making out like bandits on these. They know they are worth much more.

I guess people are scared the warrant value will nosedive in a month so just sell and take the "free" money now.

It does take more guts to own warrants than a regular stock. Thats why the payoff or loss is potentially much greater

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities