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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

Comment by CONSTRUCTIVE_SUBVERSIONon Apr 23, 2013 6:57pm
155 Views
Post# 21291994

RE: Las Maracas Production Facility

RE: Las Maracas Production Facility

I agreed with that theory months ago, hence my investments in PTA, glad I bought recently. I expect the facility to be maxed out relatively quickly. Then we should see a very good jump in production numbers, much better than the present numbers that are coming from Las Maracas now. Most people have forgot about El Porton, thats good I guess, as if its successful, we should see another large jump in potential reserves. LM 9 likelly done, and if its successful, I have no reason to not think that LM 10 will be spudded right after that. Valuation here is really cheap, as it is with some of the other oil producers as its sell in May time. When push comes to shove, I think we would be able to be suitor or find suitors if need be.

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