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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 wilwalon Dec 26, 2015 6:59pm
128 Views
Post# 24413647

RE:Cart Before the Horse ...

RE:Cart Before the Horse ...There are at least two horses needed to go before the cart. One is definitely the 43-101 Resource Estimate. The other is the approved permit application for the extension of Diakha. The extension buffer zone is very valuable and likely to double the value of Diakha once drilled out. However, IMG won't pay a nickel for the extension without the permit and MXI won't give it away for free. I think the last NR expected it before now yet no news on it yet. Let's hope the Minister of Mines has been in a jolly festive mood to sign it off. Otherwise it is unlikely that the JV would be In a saleable condition until then.
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