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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

Comment by aweighon Nov 29, 2016 10:38am
94 Views
Post# 25527047

RE:RE:More news

RE:RE:More newsDunlop has been promoted not fired so I think it's safe to say he still has input into the resourse modeling and exploration strategy which they have figured out now. Maybe he doesn't want to sit on a drill any more and his talent is better utilized doing something else like assembling a new unexplored land package in a similiar geological setting and working up an exploration program for it.
If you're going to worry about something worry about the POG and when will the market realize that a Gov that spends a trillion dollars on infastructure isn't creating lasting real growth in an economy. 
On the bright side maybe Mr. Trump will have a positive impact on our ability to get permits to explore and develop areas surrounding our property.
Wouldn't that be interesting.
6 drills turning right now is pretty interesting too. Clearly it's full speed ahead and if we get any reprieve from the falling POG the stock could snap back to $ 1.20 in hurry.


quote=truthtotell]If Dunlop remains in charge of exploration at Castle Mountain, I don't have a problem with this but it doesn't look like this is the case. The release says the new guy will "direct our exploration effort" at Castle Mountain. It looks to me like the new CEO wants his own guy which is a waste of Dunlop's talent if you compare resumes.[/quote]

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