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Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s):  PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objectives are to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust's assets allocation includes Canadian equity, international equity, cash and equivalents, United States equity and other. The Trust invests in various sectors, including gold and precious metals, metals and mining, chemicals and gases, forestry and paper, and others. CI Investments Inc. is the manager, portfolio adviser and trustee of the Trust.


TSX:MMP.UN - Post by User

Comment by mousermanon Nov 10, 2021 12:53pm
76 Views
Post# 34110745

RE:RE:MMP.un biggest holding up over 8.5% today

RE:RE:MMP.un biggest holding up over 8.5% today
guerreiro wrote: Nice close MMP.un, "mouserman" Thanks for info; nice analysis. One of the commentators was also saying that MMP.un could easily be $2.40 /$2.50 by Friday the way Gold was moving up.   

Yes , MMP.un has been trading at around a 10% DISCOUNT to the value of its holdings for quite some time. Never really gets to a premium. BUT if things go to hll in a handbasket in the US, which is not a stretch given the situations with jobs mandate  down there... gold and silver may take many by surprise. Higher interest rates will surely cause a crash in over bought stock markets, and the FED is caught between a rock and a hard spot. I did unload about a third of my position today, thinking the powers that be will hammer down on gold/silver and prop the USD back up...
I never fall in love,  so i take profits and there is always another deal out there. 
Or sitting on cash... my sells on the rest of MMP.un i have at above the last stated NAV  for yesterday which was 2.458 and if todays gains hold up, the NAV will hit 2.50$

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