Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by Chemguyon Mar 23, 2018 1:52pm
83 Views
Post# 27771472

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FRIDAY 23/03/18

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FRIDAY 23/03/18You talk about cash burning but you don't understand that other LP's are burning at a faster rate due to facilities that are idle/producing more then they sell. This is not including the buy outs that will haunt them in the future( aurora> cannimed).  THCX is building
out its plan just in time. Many startup pharma companies don't make any money and burn cash for the first 5 years. This is what any new market comes down too but we have a gem in the rocks since legalization is happening in a few months. Value added products are key and thcx is the only one that sells oils not diluted in MCT's or other long chain oils like sunflower or grape seed oil. Relationship with Quebec, lowest electricity cost in the country, one of the lowest wages in the country, outstanding growing techniques that rivals indoor hydroponics grows like Broken Coast. This is some of the reasons why I switched over from CGC (weed) and aphria since Dec 2017. 
Bullboard Posts