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iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more exchange-traded funds managed by BlackRock Canada or an affiliate and or through the use of derivatives, a replicating strategy or sampling strategy. A replicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.


TSX:CLG - Post by User

Post by smitinion Feb 26, 2006 1:23am
190 Views
Post# 10417810

All on Track

All on TrackVery good news with the Inuit agreement. Good to see an aggressive drilling program. Am glad they are not losing their focus on reserve expansion. Next step - permitting - at the end of March. The Inuit agreement will almost ensure that this is a slam dunk, given of course proper environmental procedures - which should be a given. Conservative valuation - my figures - put this around a billion - since they will increase their reserves - plus or minus 20%. I figure about 3-4X the current share price. Who's selling now? Smitini
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