Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: newfoundland1 who wrote (61335)	9/24/2008 10:59:28 AM
From: Metacomet	Read Replies (1) of 78439

A more transparent methodology of when shares will be reissued and how much market premium will be taken down at one time might serve CEF well. Don't think CEF has any way to determine market premium. It is pretty much a function of the value of the bullion they hold, as determined by the market prices of POG and POS, divided by the # shares outstanding and what the shares are trading for at the time. Thus the NAV and premium are purely market driven.

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