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Nuveen California Municipal Value Fund Inc T.NCA


Primary Symbol: NCA

Nuveen California Municipal Value Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek current income exempt from both regular federal income taxes and California personal income tax. Its secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and California state income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. It also invests in inverse floating rate municipal securities. Its investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NCA - Post by User

Post by aweighon Jun 03, 2016 1:48pm
133 Views
Post# 24932128

I wonder if Mr. Warke has aspirations to build a mining Co.

I wonder if Mr. Warke has aspirations to build a mining Co. and if AZ fits in somewhere. Another 30 to 40 holes here and we could have a financible gold mine and the same is true of AZ although it's Zinc at depth and Silver at surface.
Combine the two and you have the makings of a very nice highly profitable diversified mining Co.
The shares outstanding for both are remarkably similiar and so are their potential market caps, in the $ 2.50 per share range for each I'm thinking and of course management is the same and they have a seasoned mine builder on board in Mr. Gowans so is another merger out of the question.
Six months maybe ?
Just a thought !




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