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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 wilwalon Aug 18, 2015 11:35am
219 Views
Post# 24027817

Big news flow to come for rest of year

Big news flow to come for rest of yearHere is what I think we can expect for news beginning soon through to the end of 2015:


Diakha:

1.Final DD results in the next week or two
2.Drilling debt settlement, probably based on a rough in-house resource estimate
3.Announcement of permit's northern boundary extension approval by government.
4.Drilling plans for the extension zone.
5.Commence drilling in the extension around Nov 1
6.Resource estimate NR 43-101 
7.First results from extension drilling (maybe January 2016)


Karita:

1.Results of geochem work on permit
2.Drilling targets 
3.Capital raise to drill
4.Drilling plan for Karita
5.Commence drilling on Karita around Nov 1
6.First results from Karita (possibly January 2016)

Some time in January 2016 would present another logical point for a buyout by IMG.  The next logical point would be after all results for the extension and Karita are in before the rainy season starts in 2016 and another resource estimate is completed for Diakha and a maiden resource for Karita.....August/Sept 2016?
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