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Sentry Select Primary Metals Corp 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 Jun 20, 2020 9:37am
135 Views
Post# 31172570

PME NAV jumps to 2.78

PME NAV jumps to 2.78Actually exactly 2.7773 , but rounded out to 2.78
Discount to NAV still at about 13.8% which is still very high in the current market environment.
We will likely see the distribution hiked in the fall if the precious metals  prices continue to be strong.
Summer is typically weak for the metals and mining... and the old adage was sell in MAY and go away til the fall. May be that 2020 wont follow that path.
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