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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

Comment by spazzmanon Oct 03, 2011 5:52pm
292 Views
Post# 19113732

RE: RE: overdone??

RE: RE: overdone??  52 week low caused by a 'chicken little' sell at the close.  Market orders are a killer.  See heavy sellers are above the $9.00 level.  With gold still on an up trend and a correction due tomorrow after today oversold, I am expecting MMP.un to slowly climb back.  I bought back when the yield was over 24% and the dividend just kept coming in month over month.  Stay the course, relax, take a deep breathe and drink a beer.  This is not 2008 repeating itself.  Markets will recover, they always due.   Its just a matter of time. 
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