Precious Metals and Mining Trust T.MMP.UN

Pecked away at some MMP.un

[mouserman]

About time for gold to shine here, with inflatio running rampant and central banks on a buying spree not seen in some time. Mostly Russia , Turkey and China tho, as they move away from the US $.

[MarcoArashO]

New to looking at this fund...  Is this a short or long hold for you? Like are you here for ongoing distributions or when do you usually sell if you don't mind me asking? 

[JayBanks]

  I was a holder a couple years ago for a year and a half. Its a decent short-mid term hold for playing momentum in the space or just playing the funds ups and downs. I started a position when it was paying 2 cents per share and received 2 of those payouts before the current drop down, but I still made a nice gain on total return as I bounced out on the 1st leg up after Covid

[mouserman]

No , not for distributions, as this pays only 1 penny per month. I believe the gold/silver/ metals commodities  will contninue to do better than the equity/  bond  markets. Good mix of development , exploration plays along with  selected producers and royalty companies. Currently trading at a discount of nearly 10% to NAV.

[itsthehitman]

If I were a professional chartist...my guess is an easy 20% increase in price over the next 6 months. small divi helps as well. Glta 

[mouserman]

With todays move the NAV will have leaped well past the 2$ level... it was 1.988 as of DEC 30... i got a little more near the open...