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

iShares Global Materials ETF > Capped at 22-23 ?

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Comment by wilwalon Mar 02, 2016 2:24pm

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RE:Capped at 22-23 ?

I would have fully expected an announcement on 2016 drilling plans by PDAC. Most years drilling plans are announced in mid January to early February. The latest announced time was a couple of years ago on February 18th. MXI has a booth at PDAC so they are going to have something to share with investors and financiers.

I think the stock has been trading strongly. The upper Bollinger band is .23 so from a technical perspective, there is resistance to buy above that for now.

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A junior copper-gold stock trading at a bargain of monumental proportions