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BlackRock Virginia Municipal Bond Trust V.BHV


Primary Symbol: BHV

BlackRock Virginia Municipal Bond Trust (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular United States federal income tax and Virginia personal income taxes. The Trust seeks to achieve its investment objectives by investing primarily in municipal bonds exempt from United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax) and Virginia personal income taxes. The Trust invests, under normal market conditions, at least 80% of its managed assets in municipal bonds that are investment grade quality at the time of investment or, if unrated, determined to be of comparable quality at the time of investment by the Trust's investment adviser. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust's investment adviser is BlackRock Advisors, LLC.


NYSE:BHV - Post by User

Post by misnaon Jul 19, 2011 8:17am
447 Views
Post# 18845711

Sure is a quiet board lately

Sure is a quiet board latelyIt reminds me of when we were at .97 and it was quiet, just the inverse.

New additions to management team look very, very strong. I doubt they would've signed on with a company that was going to be a $35MM company forever.   We also know the 43-101 resource for La Cantera should be here in the October time frame, and I'm expecting 1.3-1.4MM Oz's there.  What will they be valued at?? I don't know, but my minimum in-situ range is $100-120/OZ.  Do the math.

Volume is picking up quietly the last few days and we'll see if it stays. There are a lot of strong hands in this company that aren't selling any time soon.  A few decent bids and we'll be back into the 70's pretty quickly I think.
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