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

<< Previous

Bullboard Posts

Next >>

Post by NineLiveson Nov 24, 2005 1:20pm

123 Views

Post# 9910902

Past trends serve a purpose

Back in Oct/03 Cumberland was just over $4.90 a share. Gold was at $386 oz & the C$ was at 1.30 giving Gold in C$'s a price of $501.80. Today Cumberland is at $1.85 a share. Gold is at $490 oz & the C$ is at 1.17 giving Gold a C$ price of $573.30. In the last 2 years there has been some dilution but not to drive the share price down this low & Meadowbank is geting much closer to permitting & reserves have grown at this project. My take on this is buy the shares & put them away because something in the Gold exploration market isn't right & it has to correct which should mean more buyers looking for Gold mining firms// Either that or the market will continue to be ignored which really doesn't make much sense. IF CLG can trade at $4.90 then it should repeat that price & once mining begins go much higher if the POG remains strong. JMHO.

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth