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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 Sep 07, 2010 8:25pm
399 Views
Post# 17422276

core drilling

core drillingLast year we went on a tear based on an aerial mag survey.  In terms of reliability a mag survey is well below RC and RAB drilling.  But the survey, while far from conclusive, gave a glimpse of the potential of the project and the stock doubled.  The company and its IR team squandered a golden opportunity by letting the momentum die-but I believe that the run up proved that we don't necessarily need drill core to move the stock. 
The market will respond to any form of valid science that indicates the potential of a large deposit.  We have a collection of indicatiors that point to a massive deposit-nothing concrete enough to have a PEng put his stamp on it but enough to fire the imagination of the average investor.  It should have been a huge wake up call to all of us that there were major players in the UK who were aware of our project but not of us.  Lets put all our resources into getting this story out-and not just in Calgary.  Lets hit London-this time as Merrex, not Frontline.  Then the US market.  We have the story and we have the money to tell it-if we spend our warchest on communication my wager is that we won't be around long enough to worry about raising money for our share of drilling.
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