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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 wreakhavokon Nov 21, 2015 10:32am
97 Views
Post# 24312086

Hypothetically

HypotheticallyIf 3 million ounces were identified in Siribaya, and the gold was priced at only $50 an ounce, with let''s say 180 million shares, Merrex would be worth about  .83 cents a share, not including any other projects or properties.  With IMG owning so many shares already, do you think they would pay that kind of money for the project?
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