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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 AlbertaBankeron Nov 28, 2013 12:54pm
238 Views
Post# 21950370

RE:RE:The new presentation was very illuminating..

RE:RE:The new presentation was very illuminating..The new presentation did not add much value at all. I think Hege/Constructive was being sarcastic and I agree with him. It really just confirmed that nothing is going to happen catalyst wise until sometime in December. My guess it will be when the results for Rumi-1 are released. I supect it will be an operations update NR. It will include results from the AGM, La Casona 1 production results, and La Casona 2 rig workover.

Despite the SP, the company has done a really good job of drill results and maximizing cash flow out of Las Macracas.

The only way for this stock to appreciate is to be successful on the next 2-3 drill results. They need to define what they are going to do with their land holdings. If not, its a one trick pony that will be sold to the highest bidder next year.


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