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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

Post by rockhead7on Jan 18, 2015 10:59am
153 Views
Post# 23332636

Going forward

Going forwardGreat summary Wilwal.  With Diakha, Siribaya and Boto we have a rich set of assets in one of the hottest areas in the world today.  Add to that the fact that the French Foriegn Legion has eliminated, to the larget degree possible, the political risk and our stock is looking like its time is about to come.  My understanding is that Iam has a set of handcuffs on it regarding its recent windfall from selling the Quebec asset-they must acquire more assets or return the money to the bondholders.  Not sure if our assets would qualify-if I was a bondholder I might have insisted on a clause whereby they cannot sell a producing property and replace it with a prospect-no matte how promising.
Regardless, I feel that the whole area, where Senegal, Mali and Guinea meet, is about to reach critical mass.  And we are right in the middle of it-just what a juniour mining company dreams about.  I am not sure any of the mid-tier players  currently working there can  move the area forward and think we might all end up on the menu.  Works for me.  Lets not forget that aside from drilling results, the next positive from MXI might be the permit in Guinea-and that is 100% MXI!



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