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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 RichyRich$on Aug 06, 2015 12:26am
86 Views
Post# 23993202

RE:RE:cost of buying MXI for IMG

RE:RE:cost of buying MXI for IMGIamGold could just be putting that bluff on to not give any hints of a buyout. They always like to keep it secret during public releases. They have $700 Million Cash roughly, and debt not due for a while. WW... also consider this. Possibly all their wording in Q2 is to not scare investors that they're going to blow $500 Million on a mediocre mine aquisition like they did in the past, so safer to word it as not spending... and $70 Million for Merrex being peanuts petty cash to them and not worth giving hints in fear of stirring up competitive bids from Rangold etc. Their actions speak louder than words... and IamGold pumping so much money into drilling with Merrex and rushing everything. If they don't buy Merrex soon... I elect Wilwal to be CEO of IamGold!
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