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Invesco Emerging Markets Sovereign Debt ETF V.PCY


Primary Symbol: PCY

The investment seeks to track the investment results (before fees and expenses) of the DBIQ Emerging Market USD Liquid Balanced Index (the underlying index). The fund generally will invest at least 80% of its total assets in U.S. dollar-denominated government bonds from emerging market countries that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of liquid emerging market U.S. dollar-denominated government bonds.


ARCA:PCY - Post by User

Post by str8tgoodson Nov 03, 2010 1:12pm
204 Views
Post# 17651861

What to Believe minetheprofit

What to Believe minetheprofitYou asked how much of the next news can we believe?

IMO, I think that the GMV's were correct and to the best estimates of PCY's geologists in charge as mentioned in their press release;

The technical information in this news release has been reviewed and approved by Mel De Quadros, P. Eng. and Rory Calhoun, P. Geo., both Prophecy employees and Qualified Persons as defined by NI 43-101. 

Unfortunately, it seems that the TSX does not allow such estimates to be posted in their news release.  I'm still not sure as to why, only because they don't mean much to me.

Of course, if they aren't allowed to post this in a press release, then they shouldn't, but it doesn't take away one smidgen of credibility from PCY's P. Eng, or P. Geo, at least not to me.  That is their professional opinion, although it may be against TSX guidelines to post it in a news item. 

And this is just my opinion.  GLTA

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