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

Invesco Emerging Markets Sovereign Debt ETF

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Post by str8tgoodson May 05, 2011 9:28pm

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Post# 18537900

PCY Is Producing with Zero Debt

Can't figure why anyone would think that PCY is in need of cash.

They have $14 million in cash, are a producing coal mine, they have all their mining equipment paid for, and they have ZERO DEBT after paying in full their $10 million debt facility.

So why would they need more cash now? I don't understand the concern. BTW, they are supposed to be cashflow positive this quarter. GLTA

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