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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 Jun 08, 2016 7:43am
55 Views
Post# 24945092

RE:RE:RE:RE:Does anybody else wonder..

RE:RE:RE:RE:Does anybody else wonder..Ng9221... if IamGold makes an offer on the JV portion of Merrex, I wonder if they would take a gamble at buying up Karita too? Its along the major high probability faultline, but at an early stage with only positive grab samples and a high probability zone. With Gold rallying and IamGold feeling more confident with a sector rebound, it is a possibility they offer a certain amount for Karita. If $50 per inferred ounces holds true for the high grade g/t of the JV and the new drill results show a total 3 Million ounce potential for the JV not including Karita, I can see a buyout at $75 Million for just the Joint Venture $.45 per share. And if they took a Gamble on Karita to pay $25 Million for another $.15 per share. I predict a buyout of $.45 without Karita or $.60 including Karita. If Karita is not included in a buyout and we get spun off for 100% Merrex owned Karita, that in itself has good future investment potential for us for the next 3 years on top of any JV buyout gains.
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