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BLACKROCK HEALTH SCIENCES TRUST V.BME


Primary Symbol: BME

BlackRock Health Sciences Trust (the Trust) is a closed-end management investment company. The Trust investment objective is to provide total return through a combination of current income and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, approximately 80% of its total assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry. The Trust is focused on achieving its goal primarily by investing in a portfolio of equity securities and also by employing a strategy of writing (selling) call and put options. The Trust invests in a portfolio of sectors, which include biotechnology, health care equipment and supplies, life sciences tools and services, and pharmaceuticals. BlackRock Advisors, LLC acts as the manager of the Trust.


NYSE:BME - Post by User

Post by Ihateshareson Feb 14, 2017 10:34am
157 Views
Post# 25842540

Whats with the drop?

Whats with the drop?The price drop from 1.60 is doing nothing for my nerves.  Have been adding and have a sizable chuck, add more today or hold tight, thats the question!!  Are we so under the radar that nobody see's this drop as a golden opportunity to get in before COB tomorrow.  

Given the last resource estimate was 1 million ounces, even if they came up short of 4 million tomorrow say 3-3.5 million ounces surely that still puts a whole different complexion on BME with significant exploration/resource upside still to come.  Will be interesting to see just how much guidance will be given, if any, on Barsele apart from their exploration budget for 2007.  If I was not already heavily invested would be tempted to have a nibble and still might, will be interested to see any late buys come in today/tomorrow.  Personally I do not think BME will see another resource estimate from AG after tiomorrow as they will be taken out before then.  I normally equate a CEO coming out and talking up a stock so much as an indication that he wants the stock price up because he sees what's coming.  Have to hand it to AG they are hitting this project hard and are not short of regular updates. 

Thankfully not much longer to wait, GLTA. Off to find my Prozac.
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