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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 RottenEggSon Jul 31, 2014 11:57am
272 Views
Post# 22798785

RE:The big picture is really big

RE:The big picture is really bigI share your optimiism, but reality reminds me of another little company that proved up millions of OZ in the same district. Oromin spent years proving up many millions of near surface OZ in half a dozen deposits and was sold for next to nothing to Teranga gold, their next door neighbour. Teranga had a mine and a mill, so it was a logical purchase for them.
You may ask yourself, knowing all that, why am I still here?
Cause I believe in the area and with the purchase of Papillon I think we have a similar type deposit.
Looking at many of the maps in the area, I believe, you have to follow the river systems to find the large deposits.

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