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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 Dec 25, 2009 6:24pm
350 Views
Post# 16619118

RE: Chrysos news

RE: Chrysos newsHear, hear on that.  We are indeed fortunate to have the team that we have working for us!  I am really excited by the tug of war that seems to be shaping up over Canplats.  Two giants, Goldcorp and Newmont are battling over a deposit that appears, at this point, to offer far less potential than the MXI properties.  The valuation gap between junior exploration companies and senior producers has reached historic levels-but I suspect that the Canplats deal will, in hindsight, mark the beginning of the trend reversal.  As to timing of a deal of MXI-remember that Canplats released news in Oct indicating that they were sure that they had something.  In December they are the subject of competing bids.  The majors are learning that good projects are scarce and they need to strike quick or lose out.  We will be chatting on some other board by next Christmas and we will all be much richer for our Merrex experience
MERRY CHRISTMAS!!
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