Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 netgenxon Oct 31, 2016 6:36pm
99 Views
Post# 25407888

RE:RE:RE:RE:News Release

RE:RE:RE:RE:News Release
You are cherry picking your examples. Yes MXI was at .16 and is there again, but in the big run up in gold stocks it doubled to .29 - Also, comparing it to IMG is really apples and oranges. IMG is a PRODUCER; big difference. They have a VERY high cost of production and thus their Beta as it relates to the price of gold is pretty extreme, as you can see in their chart when compared to an AEM or G. MXI has no production, and the market will likely assume a cost from $750 to $900 or so to justify putting it into production. Finally, I remember taking quite a bit of flack here last year for selling a chunk of shares @ .22 and in my defense, suggesting that it never hurts to take some profits in junior miners when they present the opportunity. If you insist on riding the dragon, don't complain about singed eyebrows!
<< Previous
Bullboard Posts
Next >>