RE:RE:Stink bid filledcoolslug1 wrote: Congratulations on your excellent purchase Mouserman! I've been buying PME and MMP.UN this morning also but I paid more than you for my PME shares. I was very surprised and dismayed to see how much the prices dropped for these two stocks but my smile returned as I added more of these stocks to my portfolio. I've been a hardcore goldbug for decades but I haven't been this excited about precious metals for many years. 35% of my portfolio of stocks is PME and MMP.UN and 65% is invested in other non-PM dividend paying stocks. I am very happy with this balance and divercification. Even with gold stocks getting hammered today my portfolio is up so far on this day. Those who dumped their gold stocks today will be regretting their actions very soon. This precious metals bull is just getting started. PME and MMP.UN are oversold today but it won't take long to recover and continue climbing. I expect a 50% increase in distributions this year for sure. GLTA
The gold bull run is far from over, and silver likely even more upside than GOLD. I can only hope the managers hang onto SVM in the future after the deal for GUY is done.... its a divvy payer and has huge upside. Their Chinese Ying mine basically mines silver along side , lead , zinc and some gold.
BUT the base metals basically pay for all the mining cost. Gold and silver are gravy...
Was very surprised to get some PME at 2.05, that was a full 50 cents below the estimated NAV after todays takedown. That was a discount to NAV of nearly 20%!!!