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.

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iShares Global Materials ETF > Tell me if I got my facts right

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Comment by wilwalon Jun 09, 2016 10:54am

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Post# 24950462

RE:RE:RE:RE:Tell me if I got my facts right

The fatal flaws in AVK are these:

1.Nobody is buying it in a hot market. That is the most telling flaw.
2.Managment does not have the expertise to build a mine
3.Management does not have the team to operate a mine
4. Their expansion zones look bad. One is shallow low grade. One is deep with better grades.
5.Management has put lipstick on this pig and are trying to flog it in a hot market, unsuccessfully so far. Sooner or later, somebody will come along and take it though. Good luck with that.

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