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