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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 ng9221on May 06, 2016 1:30pm
197 Views
Post# 24848684

RE:RE:Fekola

RE:RE:FekolaI would agree with ww. Deep mineralization has good value here. Fekola is currently at 650m and still open! So you could see an underground mine there in the future. IMG explicitly stated on their presentation that Boto is also showing promise for underground mining, so I believe that as Diakha is their sibling you could see underground potential here once the pit is exhausted. Secondly, B2 said that they are looking within 20km of their main pit for satellite deposits. I wonder what happens to be within 20km of Fekola?...Karita!! I think the geologists at B2 have some kind of geological theory involving the Senegal-Mali fault and thats why the 20km figure came up! These deposits seem to be like zits on a face. Some big, some small. We have found a few big ones I wonder how many are still left to find.... We are set up very nicely here and I believe that MXI is a fundamentally sound buy even at .35.
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