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iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more exchange-traded funds managed by BlackRock Canada or an affiliate and or through the use of derivatives, a replicating strategy or sampling strategy. A replicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.


TSX:CLG - Post by User

iShares 1-10 Year Laddered Government Bond Idx ETF > Cumberland cuts 31.81 g/t Au over 4.1 m
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Comment by ArtBechsteinon Oct 06, 2005 10:09am
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Post# 9663363

RE: Cumberland cuts 31.81 g/t Au over 4.1 m

RE: Cumberland cuts 31.81 g/t Au over 4.1 m PGM, could you please explain to a greenhorn what this mean to CLG. I learnt from the PR that reserves stand at about 2.8 Mio. OZ. Additionally we have 1.0 Mio. OZ in reserves (measured/indicated/inferred) - right so far? The feasibility study just comprises the reserves. Does this mean that all additional resources will be premium or are they sort of cut off due to their status? The Phase II drill results will probably raise reserves and/or resources again and we probably pass the 4 Mio. Oz - right? Phase III drilling is the last phase of drilling before the final feasibility study or are there any other steps to be taken? Thx for your reply Art
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