STOCK IDEA

Blackrock World Mining Fund..

Instead of buying individual FTSE350 Mining Stock on the Mining Recovery buy the BRWM fund instead. No need to keep looking over your shoulder at a volatile stock here.

Top 10 holdings are................

Ten Largest Equity Holdings at 31 March 2009 (in alphabetical order)

African Rainbow Minerals
BHP Billiton
First Quantum Minerals
Fresnillo
Impala Platinum
Industrias Penoles
Minas Buenaventura
Newcrest
Rio Tinto
Vale

A fantastic selection of stocks.

Chart shows the sp has just hit the base line of an accending uptrend channel..




Positive looking daily chart.....



DYOR

GOLDFINGER your not alone.

ALSO check out EST. BLACKROCK TOO.

Cheers mate.

NET ASSET VALUE
BLACKROCK WORLD MINING TRUST PLC

The unaudited net asset value for BlackRock World Mining Trust plc at close of
business on 9 October 2009 was:
616.34p Capital only (undiluted)
620.30p Including current year income (undiluted)
Notes:
1. Investments have been valued on a bid price basis.
2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
3. The undiluted net asset value per share has been calculated on 177,762,242
ordinary shares excluding 15,249,600 held in treasury.
4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
END

Should have posted present SP 540p.

OVER 550p

BRWM chart looks interesting now that we have a bounce back on in the commodities markets. A potential bullish inverse head and shoulders pattern under development. Big gains to be had if this manifests itself.

Trading at a big discount to NAV

REG-BlackRock World Mng: Net Asset Value(s)03 Sep 2012 - 16:09

BLACKROCK WORLD MINING TRUST PLC The unaudited net asset values for BlackRock World Mining Trust plc at close of business on 31 August 2012 were: 610.01p Capital only (undiluted) 617.82p Including current year income (undiluted) XD Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date. 3. The undiluted net asset value per share has been calculated on 177,287,242 ordinary shares excluding 15,724,600 held in treasury. 4. For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

Breakout..............

Come on higher, higher.

Current main exposure:
First Quantum Minerals Ltd. 9.8%
Rio Tinto Plc 9.5%
BHP Billiton Plc 8.2%
Glencore Xstrata PLC 6.6%
Vale 5.6%
Lundin Mining 4.4%
MMC Norilsk Nickel ADR 4.4%
Sociedad Minera Cerro Verde Saa, Lima 3.3%
Teck Resources Ltd 3.2%

Analyst on IG tipping copper and uranium to be the best performing commodities over the next few years, iron ore and coal less so. Also, the bull run has about another two or three years to run if the usual commodity cycle is followed.

Ten Largest Investments

Company % Total
Assets
Rio Tinto 10.7
First Quantum Minerals 9.2
Glencore 7.8
BHP Billiton 7.2
Vale 6.8
Lundin Mining 4.5
Newmont Mining 3.2
Sociedad Minera Cerro Verde 3.2
Newcrest Mining 2.9
South32 2.7


Performance as at 31st Jan 2017
After a difficult December, the mining sector returned to trending upwards in January, buoyed by mined commodity prices remaining at elevated levels and some recording further price gains. The commodity price strength seen last year has led to a dramatic improvement in free cash flow in the mining sector and companies are now looking to return capital to shareholders. The base metals saw strong performance with copper, aluminium and zinc strengthening by +8.5%, +6.5% and +11.5% respectively, however nickel bucked this trend declining by -0.7%. Similarly for bulk commodities, thermal coal and coking coal declined by -12.4% and -6.8% respectively during the month, whilst iron ore gained +5.2%.
Elsewhere, having both strengthened in the run up to Donald Trumps inauguration speech, the US dollar and US equities came under pressure. As the newly elected Presidents time in office commenced, he dominated global news, with press commentary surrounding his policies becoming recurrent. The announcement of the US travel ban, in combination with US dollar weakness on the back of treasury yields declining, resulted in the US dollar index (DXY) falling to levels not seen since early in December 2016, surmounting pressure on equities. This increased safe-haven buying interest appeared to be positive for gold bullion, which increased by +4.7% to finish the month at a price of $1,211/oz. In addition, Prime Minister Theresa Mays comments surrounding Brexit also stoked safe-haven buying interest, as the logistical impacts of the United Kingdom leaving the European Union still remain uncertain.

StockMarketWire.com
BlackRock World Mining Trust has declared a first quarterly interim dividend in respect of the quarter ended 31 March 2017 of 3p per share.

The dividend is payable on 30 June 2017 to holders of ordinary shares on the register at the close of business on 2 June 2017 (ex-dividend date is 1 June 2017).