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Doubleline Opportunistic Credit Fund V.DBL


Primary Symbol: DBL

Doubleline Opportunistic Credit Fund operates as a closed-end management investment company. The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments. Under normal circumstances, the Fund will invest at least 80% of its total assets in debt securities, convertible securities, loans and other securities or instruments that provide investment exposure to the credit of an issuer, obligor or counterparty, including through credit default swaps and other derivatives.


NYSE:DBL - Post by User

Comment by blue0987on Aug 16, 2017 9:30am
132 Views
Post# 26586741

RE:RE:PP

RE:RE:PP

Yes, very encouraging that again smart mining money is taking significant stakes in Pine Point Mining. In particular the Lukas Lundin's family, increasing their already strong holdings in the company, by buying into an even larger stake (they will soon be up to the 19.99%  threshold) 

As a very successful mine builder & investor in the mining space, he undoubtedly views the upside in the economics, along with the upside in the deposit size at Pine Point worth investing millions into. 

Inside investors, the likes of Lukas Lundin, Pat Dicapo, and Rob McEwen, along with the team at Pine Point Mining having invested their own money into the company is imo, very telling, and significant of what lays ahead for shareholders. GLTA

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