RE: RE: RE: Anyone?"here is the link GDXJ owns 15.6 million shares of Aurico their largest holding. Current market cap of AUQ is 2.8B next largest market cap for one of their holdings is 2.0B for Alamos Goldhttps://www.vaneck.com/funds/GDXJ.aspxHowever I dont see any signs that they are selling"
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If their holdings list is indeed updated on a daily basis then they have not sold. But from my observations it appears they have a market cap threshold of about $2.5B for their stock selections. Stocks that they held at end of 2010 such as Allied Nevada Gold, First Majestic Silver, Alacer Gold (Anatolia), etc all had market cap exceeding $2.5B approaching $3B during 2011 and were dropped during the quarterly review.
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So my speculation is that others are also speculating on this to also happen regarding AUQ and selling in advance of it being made official resulting in peer weakness. Then further weakness if this news indeed becomes official along with a major share dump by the ETF. We shall see how it develops.