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

iShares Global Materials ETF > Do not sell your shares of MXI yet, offer from IMG coming

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Comment by wilwalon Mar 08, 2016 4:48pm

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Post# 24636167

RE:Do not sell your shares of MXI yet, offer from IMG coming

This wouldn't surprise me one bit chocolate1. Russell Dratwa from Canaccord wouldn't have just pulled the idea of takeover from thin air. He would have attended PDAC and wrote his newsletter after hearing something.

Also, it would be a win-win situation. MXI shareholders get out for a decent premium, IMG gets to develop an awesome property cheaply without having to share half of the gains in ounces. It would also allow IMG to ramp up development of the whole Boto/Siribaya/Diakha complex.

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