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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 netgenxon Jun 19, 2015 1:15pm
109 Views
Post# 23849346

RE:RE:Intent to Buy?

RE:RE:Intent to Buy?
I saw your post over on the IMG board; "They will build the Boto mine. The market hasn't even considered that, but the build will be swift after we saw Fekola's numbers come out this week at $418/oz cash costs. Yes, $418. Fekola and Boto are pretty much twin deposits bordering each other. B2Gold Fekola is spending $400million or so for their mine, so IMG will need a lot of cash starting in 2016 with most of it required for 2017". I wonder what the chance are that BTO might want to take a run at IMG and/or MXI given the proximity of the projects? It would be a pretty big bite, but there have been bigger...
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