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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 Mar 22, 2012 2:29pm
186 Views
Post# 19706086

RE: Coup d'Etat in Mali

RE: Coup d'Etat in Mali

I may be guilty of seeing the world thru rose coloured lenses but it stikes me that the army is not out to topple the government but rather trying to force it to allocate more resources to the fight against Al-Queda.  The army is loyal to Mali but they are not prepared to be sent into battle unprepared.  I will agree through, the optics of this whole situation are terrible and the government desparately needs to reassert control QUICKLY.

Incidentally an earlier poster qouted from the recent Minesite article on MXI   The piece is worth signing up for and reading, registering is free.  Among the comments made in the article is a suggestion by John C that we have the probably the biggest and strongest geochem anomaly ever found in Mali.  And a reminder that the last resource estimate was based on a sliver of our land package-the next one will be on a much bigger area.  Further it points out that a company the size of Iam would have no interest unless there was the potential for a sizable deposit-the economies of scale do not work for Iam unless the deposit is of world calibre size and grade.

I was hoping that the article would set up at least a short term rally, unfortunately no one informed the rebels of my plan.

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