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 RichyRich$on Jun 09, 2016 11:48am

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Post# 24950800

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

Wilwal... I agree. I totally used a worst case pessimist view of the 7 Million Ounce Total Project Potential. You're absolutely right that 10 Million + Ounces between Boto, Diakha/Siribaya, & Karita is more probable. I was just using worst case scenarios to satisfy Treetop. Lol. Great point WW... with their understated and constrained methods, the economical ounces may in fact end up being better than the inferred ounces. Treetop is taking a very narrow tunnel vision glimpse of investment analysis and failing to see the big picture of the reason IamGold is agressively pursuing this region!

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