MFS Municipal Income Trust V.MFM

Primary Symbol: MFM

MFS Municipal Income Trust (fund) is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. It invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities. The Fund invests in various sectors, such as hospitals, secondary schools, colleges, schools, and water and sewer utility. It has investments in areas, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Guam, Hawaii, Idaho, and Illinois. Massachusetts Financial Services Company is the investment adviser of the Fund.

NYSE:MFM - Post by User

MFS Municipal Income Trust > Silver up over 4% today;)))

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Comment by Abitoon Aug 05, 2020 6:16pm

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Post# 31369596

RE:Silver up over 4% today;)))

once people find out that MFM has in the ground this stock can get explosive. low market cap. Way undervalued compared to so many companies out there with nothing trading way higher.

The N1 43-101, effective July 22, 2019 and released September 10, 2019, has the following highlights:

Low-sulphidation epithermal polymetallic mineralization
Gold, Silver, Indium Zinc, and Lead
Estimated Gold content in 32,891,400 tonnes of Inferred Mineral Resource:
- 1.42 grams per tonne gold equivalent:
  - Metal grades comprising the Au Eq calculation are: 0.46 g/t Au, 12.1 g/t Ag, 11.9 g/t In, 0.78% Zn and 0.39%Pb.
- 1,499,900 ounces of AuEq
- 486,600 troy ounces.

The Gold Equivalent ("AuEq") resource grade is based on the following metal value ratios to Gold: 1 (Au), 75 (Ag), 19,565 (Pb), 15,716 (Zn), and 117 (In) as calculated using three year trailing average metal prices as of March, 2019 of US$1,267.00/oz Gold, US$17.00/oz Silver, US$1.00/lb Lead, US$1.20/lb Zinc, and US$10.80/oz Indium.

Inferred resources