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iShares Gold Bullion ETF T.CGL

Alternate Symbol(s):  CGBLF | T.CGL.C

The investment objective of the Fund is to replicate the performance of the price of physical gold bullion, less the Funds fees and expenses. To achieve the fund's objective the investment strategy of the Fund is to invest in long-term holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes and to not speculate with regard to short-term changes in gold bullion prices.


TSX:CGL - Post by User

iShares Gold Bullion ETF
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Comment by Kutubuon Sep 25, 2004 4:08am
18 Views
Post# 7964364

RE: Very Smart

RE: Very Smart Hi Dufour! If we compare CGL with MYS.... MYS has 24 million shares & a market cap of 9 million (at .38) or so......only has 68 BOEPD...but is producing CGL has 15 million shares & a mkt cap. of 3.1 million (at .21) and will prodce XXXX BOEPD....... CGL with the same Mkt cap of MYS it would be trading at about .60++ BUT CGL will have much much more BOEPD than MYS!!! Also keep in mind that CGL will have the potential of XXXX BOEPD Things are moving fast I can see the oil man it's all there you are SMART for buying more I added another 15,000 to my war chest
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities