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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 May 15, 2012 10:32am
426 Views
Post# 19909913

I'm buying more

I'm buying more

Let the bashing begin on that move.  It'd be interesting if everyone had the patience to sit through the ebbs and flows of a company developing.  It takes time, and those that have built an actual business know that. It's not a day-to-day phenomenom really.  I still suspect that BHV will get taken out in mid-2013, and for many multiples of the current price. I also expect more than 3,000,000 ounces in the next resource; and a few facts about these ounces:

They're economical (shallow, shallow holes)

They're close together

They're metallurigically sound

Sooner or later value will come out. That's not saying it is at a bottom today or yesterday because we don't know, no one does.  But soon enough we'll get a turn and people will understand the story and the value, and they'll likely pay a lot higher than .28/share for their shares.  IAG bought 2M shares at $.45 just two short months ago.  They aren't terribly dumb people there IMO.  Good luck, and do your own due diligence.

Long 500k plus BHV shares

 

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