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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

Comment by NineLiveson May 24, 2006 9:53am
193 Views
Post# 10895942

RE: sold out position for now

RE: sold out position for nowI still don't understand//That's like saying if there are minor problems Cumberland would walk for the project. Lokk at the history of this claim, it's been drilled since the 80's. All the NRB wants is reassurance which makes sense. NDM continues to climb & they have much worse problems with permits etc: than CLG. CLG's meadowbank is comprised of 10 Crown mining leases encompassing 7,395 hectares and three exploration concessions administered by Nunavut Tunngavik Inc. (NTI) encompassing 23,126 hectares. All are held 100% by Cumberland. It's a case of placating parties involved & moving on with the project. Happens everywhere. JMHO.
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