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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 wilwalon Jun 17, 2015 1:09pm
142 Views
Post# 23840207

New presentation on MXI web site......

New presentation on MXI web site.............from early June just after the latest results.

June 2015 MXI Presentation

Here is something really interesting on it.

Check out pages 17 and 19 maps.

On pg 17, you can see the orientation of Diakha deposit heading north east. As well, you can see how it flares out wider as you go north, and narrows down to nothing in the south. Now look at page 19 which shows the north end of the drilling as well as the locations of the grab sampling last month. What we can infer (but not prove) from the locations of those grab samples is that Diakha may flare out widely all the way up into Karita. That means the strike in Karita could be very wide. It's speculative of course, but it holds out the possibility that Karita could be much larger than Diakha.
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