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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

Comment by misnaon Jun 20, 2012 7:36pm
206 Views
Post# 20036855

RE: RE: RE: New Presentation Available

RE: RE: RE: New Presentation Available

I don't have a reason for lack of insider buying. The big holders are staying put and IAG liked it enough to buy at .55 and .45. It's a bad market and that has scared some buyers but they will show back up. It's tough to do the opposite of what's comfortable but it usually in hindsight is a great move. To each their own though. I like this and at some point will buy more at either these levels, .50, .70 - doesn't matter as its a great deposit and over 3M ounces is very attractive to a mid-tier miner that wants into Colombia. I personally think this will be one of the top couple discovery belts in this cycle but only time will tell if that comes true. Big, economic mines with a blend of gold and copper are highly sought after even at a lower grade.  Good luck!

 

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