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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 wreakhavokon May 02, 2016 12:11pm
105 Views
Post# 24832952

My Guess

My GuessIf the upcoming drilling results are in line with what we expect...reasonably good...and if IMG buys out MXI including Karita within a month or so...I'm thinking our .50 target is too low.  So my guess it it will be taken out at .85.  If IMG lets time go by,  I think the price of gold will continue to rise, the resource will expand, and the price will be somewhat higher than .85.

This of course is shear speculation, not really based on anything concrete.  Again, my biggest worry would be government stability in Mali.  Hit me with your best shot.
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