Bullboard - Stock Discussion Forum iShares Core Balanced ETF T.XBAL

The investment objective of the Fund is to provide long-term capital growth and income, net of expenses. Under normal market conditions, the Fund will primarily invest in one or more exchange-traded funds managed by BlackRock Canada or an affiliate that provide exposure to equity or fixed income securities. To achieve its investment objective the iShares ETFs in which the Fund invests are... see more

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iShares Core Balanced ETF > anyone own this?

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Post by delete14 on Jul 07, 2000 7:23pm

anyone own this?

I thought gold was going up. I haven't paid any attention to this for a long time. Now I wish I hadn't bothered. I noticed large volume, then the small price. Does anyone have any info? Thanks

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Comment by Dave4444 on Jul 10, 2000 7:59pm

I own a couple hundred shares, not much, fortunately. They have lots of gold but are at the mercy of the gold market and other corporations. The problem is the gold is high grade, but deep and wet, so mining costs for an open pit will be high, requiring higher gold prices. At $400 gold the stock would roar, at $280, they cannot mine profitably, so barring a major discovery closer to the surface ...more

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Comment by ZG on Jul 13, 2000 9:11pm

only 26million shares issued and I last heard that 20% was locked up by insiders, Working funds or cash in the bank is about $5,000,000. The various gold claims that CBD has makes her the largest gold property holder in all of Canada. All properties are within easy access to seasonal seaports and local highly skilled heavy equiptment operators are very eager to start work. It's just a ...more

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iShares Core Balanced ETF