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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 banjo2on Jun 05, 2013 12:41pm
181 Views
Post# 21487470

Looks like they were right

Looks like they were right

with their March 11 news release:

At first sight the grades aren’t shocking, but are perfectly in line with the average grades you’d expect from a copper-gold porphyry system. As hole LME1096 bottoms at 350 meters in an average grade of 1.1g/t Au, Bellhaven geologists believe that this is a strong indication that the east-directed drilling is just entering the core of a strong mineralized system, as the mineralization strengthens to the east and at depth.

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