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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 23, 2012 12:37pm
171 Views
Post# 20047586

RE: 0.21 cents today, wow

RE: 0.21 cents today, wow

It is pretty ridiculous, agreed. The barometer will be when the resource is released this week and any response we might get. I'd like to know what happens when 1-2M shares trade here. Pretty anemic volume really to judge too much, but annoying nonetheless!

We have more analysts coming out with good reports as well, and we should get some nice price targets once the resource is posted. A complete funk the market is in, for now. I suspect Q4 is gonna be a bit like Q4 2010, but this time BHV will have something on the order of 3-3.5M AuEq proven up. So if it got to a buck then we can get there again and more. I personally think La Cantera is worth .85/share alone. Forget about Middle Zone, La Garrucha, Panama, and any further drilling upside. The market just isn't paying up for anything out there right now, but it shouldn't last forever, albeit the markets do things in each extreme for as long as they want.  Surely they dont take Misna's input! I continue to hold and will buy more in August at wherever it is trading (barring an upside miracle). Good luck. Patience is sure difficult.

 

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