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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 RichyRich$on Apr 12, 2016 10:09pm
150 Views
Post# 24759892

Site Map ...

Site Map ...Yosh... a visual of the site map really puts it in perspective on how close proximity the Fekola, Boto, Karita, & Diakha trend fault line of rich gold deposits is. It makes extreme sense for IamGold to buy out both Diakha and Karita (100% Merrex owned). And IamGold is very able, with their cash flow higher with price of gold now and their $500 Million Cash Hoard. Even though Karita is not proven with drill results such as Diakha, the grab samples and high probability faultline would make it a logical buy along with Diakha, otherwise the 3 anomalies would be split apart and not pooling equipment and resources. Since Karita is 100% Merrex owned, it would be worth a good buyout value along with Diakha, otherwise Merrex would just keep Karita for itself. Comparing it all to the Fekola buyout not much further up, the current 38 Million Market Cap of MXI is extremely undervalued compared to Fekola bought out for $570 Million in 2014 when Gold was $1,350. Plus whatever value is placed on the eastern Siribaya area. Most of us already saw the map... but just reposting it for the newbies and it's refreshing to see a visual again for longtime investors.

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