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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 RichyRich$on Apr 26, 2016 3:20pm
77 Views
Post# 24811835

RE:Asset Sales

RE:Asset SalesHavok... the price action and volume sure looks like something is stewing up. If I were IamGold, I would not want to miss out on Karita and have operations in Boto down the road and finding out Karita has 3 Million quality ounces and kicking themselves saying "why didn't we buy it back when we had a chance to buy it up at a cheap price". With a large cash hoard and increasing operating cash flow with POG higher, it would be ludicrous for them to pass on Karita. It is a bit of a gamble that they only have grab samples on it and no drill results, but the probability it will be good is high with Karita being smack in the middle of the Diakha, Boto, Fekola trend faultline. Its not that much of gamble to buy Karita now along with all of Merrex with the other proven drilled areas.
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