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iShares Core US Aggregate Bond ETF V.AGG


Primary Symbol: AGG

The iShares Core U.S. Aggregate Bond ETF seeks to track the investment results of an index composed of the total U.S. investment-grade bond market. The index measures the performance of the total U.S. investment-grade bond market. The fund generally invests at least 90% of its net assets in component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the economic characteristics of the component securities of its underlying index.


ARCA:AGG - Post by User

Comment by shorelunchon May 07, 2021 10:26am
116 Views
Post# 33151720

RE:RE:RE:RE:Nice little move up the last few days

RE:RE:RE:RE:Nice little move up the last few days

Good to get some discussions going and you make some valid points.


The way I see it, the data room should disclose to any financier or corporate that they are already at the million ounce reserve level - they've told us in the latest corporate presentation that they will get 120,000 additional ounces of reserves out the main zone sulphides (which was totally unexpected ie manna from heaven and by the way represents about $120 million in additional pre-tax cash flow they weren't expecting ie almost the entire cost of the plant) plus they say they intend to convert 575,000 of main zone  Inferred ounces to M&I (at an 84% conversion rate) and from there a good portion to reserves. So to me they're there for all intents and purposes.

So we continue to wait and try to crystal the future.



 

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