Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

NYSE:PTA - Post by User

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

<< Previous

Bullboard Posts

Next >>

Post by Shlinker_on Dec 19, 2012 2:31pm

385 Views

Post# 20751746

info back from PTA. ok....

Hello,

The $70 million does include the costs for facilities on both Las Maracas and Balay, as well as the wells and such for the exploration, appraisal and development drilling.

Hope that helps,

Colin

From:

Sent: Wednesday, December 19, 2012 2:36 PM
To: General
Subject: An info request has been received

A request for information has been received from petroamerica.com.

Message: Hello, I had a question for Colin, or Jeff, who ever can reply. The latest news release says the capital expenditures are 70 million in 2013, I was just wondering if the cost of the Balay and LM Production Facilities are included in that cost? Its my impression the 70 Million is for exploration/appraisal/development wells only? Thank you answering my question. Best regards, long-term shareholder.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?