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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

Comment by Bottleson Aug 30, 2011 9:14pm
350 Views
Post# 18995946

RE: RE: Radio interview....

RE: RE: Radio interview....https://www.voiceamerica.com/episode/56012/is-our-systemic-financial-markets-malaise-nearing-an-end/54866

I just gave the radio interview a listen. The above link should get you there and there is about 15 mins or so worth of talk and commercials prior to the interview with Mr. Lee.

On the NKL front, there should be another drill report within the next two weeks with 2000 more meters to be drilled. Hole 188 was discussed as being significant in that it can demonstrate if the deposit is two separate systems at present or one entire system. Indications of being one entire system would have a very positive effect on known resources. Uncertain, however, if Hole 188 is the next drill to be reported. Maybe someone else can clarify.

On the PCY front, some discussion on the warrants being exercised. 5 million warrants were indicated and this overhang (ie: investors exercising warrants to obtain NKL shares) should abate. Although not indicated in the interview, I think those warrants of discussion expire at the end of this month (August). There is another batch of warrants at a higher exercise price that expire in 2012 where I think the price is
.85 cents. Uncertain offhand as to the current batch of warrants but I think the exercise price there is
.60. Once again, maybe someone else can clarify.

To conclude, and imo, the warrant overhang abating and NKL's continued strong share price should both firm up and inch PCY's stock price higher. On another note, those warrants being exercised puts more cash in the bank. Been a long wait but I'm starting to get excited once again!

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