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.

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Nuveen California Municipal Value Fund Inc > Trading is very differant the last week or so, usually the

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Comment by goldspeculator1on Jun 14, 2017 3:07pm

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Post# 26362836

RE:RE:RE:RE:Trading is very differant the last week or so, usually the

Market is starting to do some back of the envelope calculations on the potential resource expansion and grade improvement.

Sitting at just under 5M ounces at a .59 grade. If we see an upgrade to over 7M ounces and up over .75 on the grade the economics become incredibly difficult for the majors to ignore.

Really hanging on the water issue. The water well drilling is going to give this a huge bump if the team can pull it off. Fingers crossed they get it going

GLA

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