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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

Comment by rockhead7on Nov 25, 2009 1:27pm
308 Views
Post# 16522895

RE: Here we go again.. look for an I am gold take

RE: Here we go again.. look for an I am gold takeBased on my completely amateur interpretation of the latest results it seems-to me anyway-that something in the area of 1 for 10 would be hugely accretive to Iam, and a major bonanza for us.  Its not a zero sum game-we have huge potential in our discovery but we don't have the resources to move it forward.  Iam, like all mid tier producers, needs to add reserves.  And viable reserves are scarce. Reserves that have the upside that our project has are almost non-exsistent.  They get to add ounces to their balance sheet and increase their price as a TO target.  We get to realize the benefit of our find.  Its win/win.  It could be a double bonanza if we got Iam paper and then watched as Iam got taken out!
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