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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 Goaweighon Sep 14, 2017 1:35pm
111 Views
Post# 26696459

RE:Puzzeled and bewilderd

RE:Puzzeled and bewilderdThe problem is that we and the analysts can only guess what this may be worth to other Mining Co.'s, yes we can take an educated guess based on other deals and we know that this seems cheap in comparison so why isn't it moving.
I think Geralds role now is to show off the asset at the various shows coming up and hopefully create some interest. Still think there are some good catalysts yet to come, drilling below the current pit shell and maybe expanding South Domes with some more drilling would light a fire under the stock. I also think that getting the Monument over turned followed by a large staking effort and getting permits for more exploration would drive considerable interest in this story.
It's really up to Gerald now to get out there and sell it and I suspect that's exactly what he will do and as I said before maybe he still has a few interesting things to talk about but he's waiting for the right time and place to do it. 
We will know one way or the other soon enough.


Goldendream wrote:                                       In my last post I thought we had hit a bottom in the SP.  Obviously, I was very wrong. SP as I am writing this blog is 79cents.  Regardless,  those who have faith in this project  will hang on to their positions.  I now have no idea how low this stock can go. These people shaking the tree seem to achived their goal by creating a sell off for the present moment. I'm only certain at some point they will jump back in big time and the sell off will turn into a buying frenzy. GLTA!


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