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Sentry Select Primary Metals Corp SPMLF


Primary Symbol: T.PME

Sentry Select Primary Metals Corp. (the Fund) is a Canada-based financial investment company. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. The Fund invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. CI Investments Inc. is the manager of the Fund. CIBC Mellon Trust Company is the custodian (the Custodian) for the Fund.


TSX:PME - Post by User

Post by mousermanon May 19, 2020 9:55am
85 Views
Post# 31045382

GUY up 40% today

GUY up 40% todayIt appears trying to keep up with SVM which is surging higher on silver price bump up..
At any rate  the rest of the portfolio held by PME has mixed movement , some up big, a few down quite big. TMAC losing over 10%... 
Overall tho spot gold and silver on a run up again today, so by days end likely the profittaking in some of these will subside and buyers will step up again.
NAV for PME likely is up a bit at this point again today, and continues to trade at a big discount to NAV.
Seems wall street and main street investors arent convinced precious metals will continue up, or arent too confident about Sentry managers making good decisions.
SVM turned out to be a great white Knight to save GUY's sorry operation.
Lets hope they keep SVM in the fund.Another divvy payer wont hurt... and poorly managed junior scams are a much better to leave to the casino betters on the market.
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