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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 May 12, 2016 8:21pm
97 Views
Post# 24868291

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Question

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:QuestionTtop... we can agree to disagree. All friendly debating on here. I personally don't feel any fear of a terrorist attack in that 20km Radius by Merrex, Boto, and B2Gold. Remember. .. Wilwal was originally elluding to Political Risk in terms of legal framework. Eg. Would the Mali Ministers screw us down the road increasing taxes drastically etc. With Mali. .. as WW mentioned. .. Letwin CEO of IamGold is at a handshake basis with the Mali Ministers. Where like WW mentioned, Guiena amended their mining legal codes not long ago and they have a new Minister from last year with a mining background. Will the new minister amend the mining laws more to screw the foreign companies. Those are the types of political risk we were talking about. Mali is very friendly with IamGold/Merrex and the approval of thr Diakha extension last month is proof they have no intention to pass hostile laws to screw the foreign mining companies. So I agree with Wilwal in Guiena being less known in those legal framework negotiations down the road. I only mentioned terrorist issues because you elluded to it by mentioning Mali cannot guarantee safety. I personally don't think terrorism would be a longterm threat. They could cause a scare down the road... but going against 3 neighbouring coubtries and France would not last. It could be at worst a temporsry halt in mining operations until they are escorted away by tanks n soldiers. Terrorists shall not cease control of any mining site in Africa because that would effect well needed tax money by the Minister's. You mess with a countries tax revenue and you don't win. They would never cease control of the area. So it's not a fear at all for me. I was more worried about legal framework political risks. But Mali's track record with IamGold and Merrex and rescent approval of the Diakha extension assures there's no problems for the next few years at least. Guinea can be played year by year. I'm sure the Guiena Ministers will work a business deal out. We can agree to disagree regarding the terrorism issue. Lets focus on buyout issues now!
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