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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

Post by rockhead7on Oct 21, 2008 12:05pm
404 Views
Post# 15537866

12 million

12 millionA 12 million dollar financing in this market speaks volumes about the quality of this project.  In times like this Iam Gold could have bought into any exploration project in Africa-and they chose MXI.  The market will soon reconize that we don't need further funding and that should move the stock-even against this current.  Moreover we should now start to see a steady stream of results and an ever increasing series of resource calculations.  Making money from the long side is a challenge right now but I believe with MXI all that is needed  is patience.
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