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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by wilwalon Jun 16, 2015 9:23pm
126 Views
Post# 23837911

RE: realistic expectations

RE: realistic expectationsI agree netgenx.  Try not to read too much into today's trading.  This company has a very simple premise:  prove up what we have and sell it to IMG.  IMG wants it and will pay fairly for what is established by standard drilling and analysis.  Simple as that.

Be prepared to wait until that work is done.  It could be longer than we all hope but the longer it takes, the better the end result because it means more ounces.

The only unknown here is whether circumstances that we know nothing about will cause IMG to make a premature bid. Personally, I discount that possibility but you never know.  If the price is right, we'll all be happy to sell early.
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